3.11 Topic 7

7-24 (1) $2,000 per boat

7-26 (2) Variable cost rate = $1.875 per unit

7-28 (1) Total variable costs = $13,500 at 900,000 copies

7-30 (1) Profit = $438

7-32 (2) Contribution margin = $660,000

7-34 (1) (b) 33,750 units

7-36 (3) Approximate answers (based on graph) fixed costs $15,000; variable costs $12,000; and profits $3,000

7-38 N/A

7-40 (2) Profit = $267,000

7-42 (2) Profit = $34,900

7-44 (1) Profit = $97,000

7-46 (2) Profit = $58,980

7-48 (4) Star Life Profit = $2,857,200

7-50 (2) Profit on doughnuts = $150

7-52 (1) (d) Profit = $1,200,000

7-54 (6) Profit = $68,750

7-56 (1) Total fixed costs = $79,000