Fork plastics has examined its utilities expense for may

Reference no: EM13579671

The following information has been provided by Lightning Energy Bars, Inc. for the month of September, when they sold 100,000 units:

Cost of goods sold	$ 600,000
Fixed administrative expenses	220,000
Fixed selling expenses	80,000
Sales	1,500,000
Variable administrative expenses	60,000
Variable selling expense	240,000

(a) What was the company%u2019s TOTAL contribution margin for September?

(b) What was the company%u2019s contribution margin per unit?

(d) What is the company%u2019s break-even point, in terms of units?

(e) I f the company has a target profit of $600,000, how many units do they need to sell?

2-Fork Plastics has examined its utilities expense for May and June. In May, the company used 2,200 machine-hours and spent $18,600 in utilities. During June the company used 2,650 machine hours and spent $21,300. Assuming utilities can be identified as a mixed cost, Fork uses the high-low method to estimate a line for utilities expense.

What line would estimate utilities?Please show your work to estimate this line, and write it as Y = a + bx

Reference no: EM13579671

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