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Determine the dollar value of sales for Dorchester

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Q1) Towson Manufacturing had a Work in Process balance of $74,000 on January 1, 2018. The year end balance of Work in Process was $72,000 and the Cost of Goods Manufactured was $785,000. Use this information to determine the total manufacturing costs incurred during the fiscal year 2018.

Q2) During FY 2019, Dorchester Company plans to sell Widgets for $14 a unit. Current variable costs are $7 a unit and fixed costs are expected to total of $132,000. Use this information to determine the number of units of Widgets for Dorchester to breakeven.

Q3) During FY 2019, Dorchester Company plans to sell Widgets for $11 a unit. Current variable costs are $4 a unit and fixed costs are expected to total of $174,000. Use this information to determine the dollar value of sales for Dorchester to breakeven.

Reference no: EM132611278

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