Reference no: EM132553047
YUX Corporation sells a single product for $50. Its management estimates the following revenues and costs for the year 2020:
Net sales $525,000
Selling expenses-variable $20,300
Direct materials 148,000
Selling expenses-fixed 18,600
Direct labour 65,900
Administrative expenses-variable 10,000
Manufacturing overhead-variable 18,300
Administrative expenses-fixed 10,800
Manufacturing overhead-fixed 17,400
Question a) Assuming fixed costs and net sales are spread evenly throughout the year, determine YUX's monthly break-even point in units and dollars. (Round answers to 0 decimal places, e.g. 5,275.)
Monthly break-even in units
unitsMonthly break-even in dollars
Question B) Calculate the contribution margin ratio, the annual margin ratio, and the annual profit