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CHESAPEAKE CO. MANUFACTURES FINE DINING TABLES. DURING

CHESAPEAKE CO. MANUFACTURES FINE DINING TABLES. DURING

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Author: Christine Farr
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http://theperfecthomework.com/chesapeake-co-manufactures-fine-dining-tables-during-the-most-productive-month-of-the-year-3-500-tables-were-manufactured-at-a-total-cost-of-84-400/

Question 1 (5 points)
Chesapeake Co. manufactures fine dining tables.  During the most productive month of the year, 3,500 tables were manufactured at a total cost of $84,400.  In its slowest month, the company made 1,100 tables at a cost of $46,000.  Using the high-low method of cost estimation, total fixed costs in August for Chesapeake are:
Question 1 options:
$56000

$28400

$17000

Cannot be determined from data given

 
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Question 2 (5 points)
 
What is the break-even sales (units) for Morgana Video Edits LLC  if fixed costs are $250,000, the unit selling price is $105, and the unit variable costs are $65,
Question 2 options:
3846 units

2381 units

10000 units

6250 units

 
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Question 3 (5 points)
 
What is the amount of sales required by Morgana Video Edits LLC to realize an operating income of $200,000 if fixed costs are $1,400,000, the unit selling price is $220, and the unit variable costs are $120,
Question 3 options:
14000 units

12000 units

16000 units

13333 units


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