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I am NOT SURE about what numbers to calculate and what formulas to calculate ?
I am NOT SURE about what numbers to calculate and what formulas to calculate ?
Direct materials$630,000 $21 100 % Direct labor 300,000 10 100 Manufacturing overhead (fixed and variable) 720,000 24 25 Selling and administrative expenses 600,000 20 20 Totals: $2,250,000 $75
Compute the sales price per unit that would result in a budgeted operating income of $900,000, assuming that the company produces and sells 30,000 pairs. (Hint: First compute the budgeted sales revenue needed to produce this operating income.)
Compute the total fixed costs budgeted for the year.