Wiley Plus Week 4 Answers

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Wiley Plus week 4 Answers
Look at the screen shot so you know what and how to type in the answers. BE18-1 |
| Correct.|
Monthly production costs in Pesavento Company for two levels of production are as follows. | ------------------------------------------------- Cost| -------------------------------------------------

3,000 units| ------------------------------------------------- 6,000 units|
| Indirect labor| $10,000| | $20,000| |
| Supervisory salaries| 5,000| | 5,000| |
| Maintenance| 4,000| | 7,000| |
Indicate which costs are variable, fixed, and mixed. Indirect labor| Variable cost| Supervisory salaries| Fixed cost|
Maintenance| Mixed cost|
| |

BE18-7 |
| Correct.|
Bruno Manufacturing Inc. has sales of $2,200,000 for the first quarter of 2010. In making the sales, the company incurred the following costs and expenses. | | Variable| Fixed| | Cost of goods sold| $920,000| | $440,000| |

| Selling expenses| 70,000| | 45,000| |
| Administrative expenses| 86,000| | 98,000| |
Complete the CVP income statement for the quarter ended March 31, 2010. BRUNO MANUFACTURING INC.| CVP Income Statement|
-------------------------------------------------
For the Quarter Ended March 31, 2010|
Sales| $ 2,200,000 |
Variable costs| ------------------------------------------------- 1,076,000 |
Contribution Margin| 1,124,000 |
Fixed costs| ------------------------------------------------- 583,000 |
Net income| ------------------------------------------------- $ $541,000 |
| |

BE18-11

|
| Correct.|
For Dousmann Company actual sales are $1,200,000 and break-even sales are $840,000. Compute the following (a) the margin of safety in dollars and (b) the margin of safety ratio. Margin of safety in dollars| $ 360,000 |

Margin of safety ratio| 30 %|

E19-2

| In the month of June, Angela's Beauty Salon gave 3,500 haircuts, shampoos, and...
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