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What is the monthly break-even in total dollar sales

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Question 1 - Hayek Corporation uses the FIFO method in its process costing. The following data concern the company's mixing department for the month of August.

Materials Conversion

Work in process, August 1 $31,734 $30,320

Cost added to production in the mixing department during August $91,332 $81,864

Equivalent units of production for August 7,740 7,580

Required: What are the cost per equivalent unit for materials and the cost per equivalent for conversion for the mixing department for August using the FIFO method?

Question 2 - Maddaloni International, Inc. produces and sells a single product. The product sells for $160.00 per unit, and its variable expense is $46.40 per unit. The company's monthly fixed expense is $219,248.

Required: What is the monthly break-even in total dollar sales?

Reference no: EM132736228

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