Genvine Spice Inc. began operations on January' of the current year. The company produce eigh-tonce...

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Accounting

Genvine Spice Inc. began operations on January' of the current year. The company produce eigh-tonce bottles of hand and body lotion called Eternal Beauty. The lotion is sold wholesale in 12-bottle cases for $100 percase. There is a selling comission of $20 per case. The January direct material, direct labor, and Factory overhead costs are as follow:
Part A-Break-Even Analysis
The management of Genuine spice inc wants todetermine the numbe of cases require to break even permonth. The utilies cost, which 's part of factory overhead, is a mixed cust. The following information was gathered from the first six months of operation regarding this cos
January
February
March
April
May
June
Required-Part A;
\table[[Cases Production,Utility Total],[300,600],[800,660],[1200,740],[1100,720],[950,690],[1025,705]]
1 Determine the fixed and variable portion of the utility cost using the high-low method. Do not round your intermediate
2. Determ ine the contribution margin percase. Donot rand your intermediate Calculations and round your final answer to twodeamal place:
3. Determine the fixed costs per month, induding the utility fixed cost part
4. Determtne the breav-even number of cases per month
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