1. Find Per Unit Variable Cost
Find Total Variable Cost in the Month of August
Find Total Variable Cost in the Month of November
Find Total Fixed Cost
Determined Cost Function
2. a)
Contribution
Per Unit
b)
Contribution
Margin Ratio
c)
Break
Even Point in units
d)
Break
Even Point in Sales
e)
Margin
of Safety in Sales
3.
a) Prepare Overhead Cost Control Account
b) Assuming Misallocated Overhead as
material, determine the ratio of the three accounts to close overhead cost
control account
c)
Prepare a Journal Entry to Close Overhead Cost
Control Account.