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Managerial Accounting Quiz 4-Fall 2018 Chapters 5 and 6 10 Points Name Show all supporting...

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Managerial Accounting Quiz 4-Fall 2018 Chapters 5 and 6 10 Points Name Show all supporting computations. are as follows: and sells a single product. Price and cost data regarding this product Selling price Variable manufacturing costs Variable selling and administrative expenses. Fixed manufacturing overhcad... Fixed selling and administrative expenses.. $40 per unit S20 per unit S6 per unit $208,000 per ycar $324.000 a. What is Hurst's Contri unit? What is their Contribution Margin Ratio? b. What is Hurst's break-even point in Units and in Dollars? e. How many units would Hurst Co. need to sell to make a target profit of $16,000? What would their sales dollars be at this level? d. What is the margin of safety in units and dollars assuming a current sales level of 4 leverage to predict the increase in net income if sales increase by 20%. Prove the percentage increase predicted by preparing a contribution margin format income statement. e. Using the current sales level of 43,500, what is the operating leverage? Use the operating

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