10 Accounting Questions
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The financial information needed to answer these questions is attached:
You must show all your calculation
1) What is the (a) breakeven in units and (b) margin of safety in units for year 2016?
2) What is the (a) breakeven in units and (b) margin of safety in units for year 2017?
3) What is the (a) breakeven in units and (b) margin of safety in units for year 2018?
4) What is the direct materials cost per item for 2018?
5) What is the production budget for 2018 in units?
6) What is the direct materials cost budget for 2018?
7) What was the direct labor hours per unit for (a) 2017 and (b) 2018
8) What is the direct labor cost budget for 2019?
9) What is the direct labor rate variance for 2018?
10) If the machine cost $2,500,500 should it be purchased? Explain
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