Question 1Chesapeake Co. manufactures fine dining tables.  During the most productive month of the year, 3,500 tables were manufactured at a total cost of $84,400.  In its slowest month, the company made 1,100 tables at a cost of $46,000.  Using the high-low method of cost estimation, total fixed costs in August for Chesapeake are
Question 2What is the break-even sales (units) for Morgana Video Edits LLC  if fixed costs are $250,000, the unit selling price is $105, and the unit variable costs are $65,
Question 3What is the amount of sales required by Morgana Video Edits LLC to realize an operating income of $200,000 if fixed costs are $1,400,000, the unit selling price is $220, and the unit variable costs are $120,
Question 4What is the break-even sales (units) required by Morgana Video Edits LLC if fixed costs are reduced by $40,000 if fixed costs are $300,000, the unit selling price is $25, and the unit variable costs are $20,
Question 5If Morgana Video Edits LLC’s sales are $425,000, variable costs are 63% of sales, and operating income is $50,000, what is Morgana’s contribution margin ratio? Question 5 options:

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