Reference no: EM133025762
Question - CompuDesk,Inc., makes an oak desk specially designed for personal computers. The desk sells for $1,000. Data for last year's operations follow:
Sales (1,000 units) $1,000,000
Direct materials used 400,000
Direct labor 200,000
Variable manufacturing overhead 150,000
Fixed selling and administrative costs 50,000
Variable selling and administrative 70,000
Fixed manufacturing overhead 100,000
Required -
1. Compute the total manufacturing cost of goods sold?
2. Compute the contribution margin?
3. Compute the gross margin or gross profit?
4. Compute the operating income or loss?
5. What is the company's break-even point in number of units sold?
6. What is the company's break-even point in $ sales?