Sandhill Industries produces and sells a cell phone-operated home security control. Information regarding the costs and sales of security controls during May 2020 are provided below. Unit selling price of security control $45 Unit variable costs $22 Total monthly fixed costs $124,000 Units sold 8,400 Prepare a CVP income statement for Sandhill Industries for the month of May. Provide per unit values and total values.

Answer and Explanation:

The presentation of the CVP income statement for Cedar Grove Industries for the month of May is shown below;

Particulars         Units       Amount

Net sales           $45          $378,000 (8,400 units × $45)

Less:

Variable expense $22      -$184,800 (8,400 units × $22)

Contribution margin  $23    $193,200

Less:

Fixed cost                           -$124,000

Net income                           $69,200

lbc corporation makes and sells a product called product wz. each unit of product wz requires 4.1 hours of direct labor at the rate of $20.00 per direct labor-hour. management would like you to prepare a direct labor budget for june. the company plans to sell 28,000 units of product wz in june. the finished goods inventories o

answer; how many employees will be needed for jobs in the coming period;