the monkeyman

All the solutions for the problems that require calculations are on the attached excel sheet. When entering your answers, please check the requirements in the question, some of them ask you to round to 2 or 3 decimal place, some ask you to omit the dollar sign..etc

1.

The following monthly budgeted data are available for the International Company: Product C
Product J
Product R Sales
$
508,000
$
308,000
$
904,000 Variable expenses 296,000 204,000 714,000

Contribution margin
$
212,000
$
104,000
$
190,000

Budgeted net operating income for the month is $215,000.

Required:

a.
Calculate the break-even dollar sales for the month. (Round your answer to the nearest dollar amount. Omit the "$" sign in your response.)

Dollar sales to break even
$

b.
Calculate the margin of safety. (Round your intermediate calculation and final answer to the nearest dollar amount. Omit the "$" sign in your response.) Margin of safety
$

c.
Calculate the operating leverage. (Round your answer to 2 decimal places.) Operating leverage

2. Sawaya Co., Ltd., of Japan is a manufacturing company whose total factory overhead costs fluctuate considerably from year to year according to increases and decreases in the number of direct labor-hours worked in the factory. Total factory overhead costs (in Japanese yen, denoted ¥) at high and low levels of activity for recent years are given below:

Level of Activity Low
High
Direct labor-hours
52,800
70,400 Total factory overhead costs
¥233,040
¥255,920

The factory overhead costs above consist of indirect materials, rent, and maintenance. The company has analyzed these costs at the 52,800-hour level of activity as follows:

Indirect materials (variable)
¥58,080
Rent (fixed)
136,000
Maintenance