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Nurikamal Technology Inc. manufactures heavy duty flash lights. January and February operations were identical in every way except for the planned production.
Sales for January month totaled 88844 units with variable manufacturing costs of 7 per unit. Sales for February month totaled 65847 units. Selling and administrative costs were 2 per unit variable and 53259 of fixed. The selling price was 10 per unit.
Problem 1: Compute Gross Margin for February
Problem 2: Compute OI for January
Problem 3: Compute OI for February
Compute the amount of dividends that must have been paid to preferred stockholders and common stockholders in each of the three years, given the four independent assumptions
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