Crimson Electronics produces high-end speakers that sell for $1,300.During April,total operating expenses were:

Required:
a.Use account analysis to determine fixed cost per month and variable cost per TV.
b.Project total cost for May assuming production and sales of 180 units.
c.What is the contribution margin per TV?
d.Estimate total profit assuming production and sales of 180 units.

Question

Crimson Electronics produces high-end speakers that sell for $1,300.During April,total operating expenses were:
  
Required:
a.Use account analysis to determine fixed cost per month and variable cost per TV.
b.Project total cost for May assuming production and sales of 180 units.
c.What is the contribution margin per TV?
d.Estimate total profit assuming production and sales of 180 units.

Quizplus · Accepted Answer

The Answer of Crimson Electronics produces high-end speakers that sell for $1,300.During April,total operating expenses were:
  
Required:
a.Use account analysis to determine fixed cost per month and variable cost per TV.
b.Project total cost for May assuming production and sales of 180 units.
c.What is the contribution margin per TV?
d.Estimate total profit assuming production and sales of 180 units.

Crimson Electronics Produces High-End Speakers That Sell for $1,300