Reference no: EM132565391
James Company has the following information related to its manufacturing and selling of staplers.
Current selling price, per unit $6.00
Direct materials, per unit $2.00
Direct labor, per unit $1.00
Variable manufacturing overhead, per unit $1.00
Variable operating expense $1.00
Fixed manufacturing overhead $20,000
Fixed operating expenses $5,000
Question 1: Which of the following are true regarding the assumptions of James Company's cost-volume-profit analysis? (Check all that apply.)
Fixed manufacturing overhead of $20,000 is sufficient to achieve the break-even volume.
If variable costs change, direct labor costs will be half of direct materials costs.
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