Fidel & Ana Limited makes electric kettles that they currently sell at £13 each. The management believes that the company's equipment could currently produce up to 70,000 units of electric kettles per year. However, the budget for the coming year is 53,000 units of electric kettles and costs are estimated as follows: Variable Costs (per unit)

Materials £5.25

Labour £2.95

Variable overheads £ 1.85

Fixed costs:

Production £59,000

Selling etc. £47,600

What is the break-even point and margin of safety in terms of both units and revenue if each electric kettle is sold for £13 (4 marks)

Which term refers to the cost that motivates an economic decision

Oceanside marine company manufactures special metallic materials and decorative fittings for luxury yachts that require highly skilled labor. oceanside uses standard costs to prepare its flexible budget. for the first quarter of the year, direct materials and direct labor standards for one of their popular products were as follows: direct materials: 2 pound per unit; $ 11 per pound direct labor: 2 hours per unit; $ 19 per hour oceanside produced 2 comma 000 units during the quarter. at the end of the quarter, an examination of the direct materials records showed that the company used 7 comma 500 pounds of direct materials and actual total materials costs were $ 98 comma 100. what is the direct materials cost variance? (round any intermediate calculations to the nearest cent, and your final answer to the nearest dollar.)

Acompany manufactures x units of product a and y units of product b, on two machines, i and ii. it has been determined that the company will realize a profit of $3 on each unit of product a and $4 on each unit of product b. to manufacture a unit of product a requires 7 min on machine i and 5 min on machine ii. to manufacture a unit of product b requires 8 min on mchine i and 5 min on machine ii. there are 175 min available on machine i and 125 min available on machine ii in each work shift. how many units of a product should be produced in each shift to maximize the company's profit p?