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Calculation of total cost, total revenue, profit and break-eveb volume.
The Willow Furniture produces tables. The fixed monthly cost of production is $8,000, and the variable cost per table is $65. The tables sell for $180 apiece.
a. For a monthly volume of 300 tables, determine the total cost, total revenue, and profit.
b. Determine the monthly break-even volume for the Willow Furniture Company.
a firm that sells a single product had a beginning inventory of 4000 units with a total cost of 28,000. early in the year, 10000 units were purchased at $9 each, using FIFO what is the value of the ending inventory of 3000 units?
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