2. Compute the overall break-even point for the company in sales dollars Overall break-even point...
80.2K
Verified Solution
Link Copied!
Question
Accounting
2. Compute the overall break-even point for the company in sales dollars Overall break-even point soints eBook 3. Compute the weighted average CM per hour for the company. (Do not round intermediate calculations. Round your answ. decimal places.) References Lawn Care Garden Maintenance Weighted average CM per hour 4. Calculate the overall break-even point for the company in hours Total break-even point in hours hours Check my work 7 Gulf Shore Lawn and Garden Maintenance provides two general outdoor services: lawn maintenance and garden maintenance. The company charges customers $18.0 per hour for each type of service, but lawn maintenance has higher variable costs ($72 per hour than garden maintenance ($3.6 per hour) because of fuel expenses incurred to operate lawn mowing equipment. All employees are paid a fixed monthly salary. A contribution format income statement for a recent month for the two services appears below. During the month, 8.000 hours of lawn maintenance services and 2.000 hours of garden maintenance were provided sk Lawn Per Garden Per Maintenance Hour Maintenance Hour Total $ 144,000 $18.0 $ 36,00 $18.9 $ 180,000 57,600 7.2 7,200 3.6 64,880 Sales Variable expenses $ 86,400 $14.4 $10.8 $ 28, 800 Contribution margin 115,200 ces 32,256 Fixed expenses $ 82,944 Operating income
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!