The section of Waterways that produces controllers for the company provided the following information. Sales...
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Accounting
The section of Waterways that produces controllers for the company provided the following information. Sales for month of February 4,100 Variable manufacturing cost per unit $9.00 Sales price per unit $40.00 Fixed manufacturing overhead cost (per month for controllers) $82,000 Variable selling and administrative expenses per unit $3.00 Fixed selling and administrative expenses (per month for controllers) $12.150 Using this information for the controllers, determine the contribution margin ratio, the degree of operating leverage, the break-even point in dollars, and the margin of safety ratio for Waterways Corporation on this product. Contribution Margin Ratio (Round to 0 decimal places, e.g. 25%.) % Degree of Operating Leverage (Round to 2 decimal places, e.g. 5.25.) Break-even Point in Dollars $ Margin of Safety Ratio (Round to 1 decimal place, e.g. 5.2%.) %
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