Brief Exercise 18-8Meriden Company has a unit selling price of $550 variable costs per unit of $330 and fixed costs of $177100.Compute the break-even point in units using the mathematical equation.Brief Exercise 18-10For Turgo Company variable costs are62% of sales and fixed costs are $172900. Managements net income goal is $76684.Compute the required sales in dollars needed to achieve managements target net income of $76684.Brief Exercise 18-11For Kozy Company actual sales are $1235000and break-even sales are $741000.Compute the margin of safety in dollars and the margin of safety ratio.Brief Exercise 19-16Exercise 19-17Polk Company builds custom fishing lures for sporting goods stores. In its first year of operations 2012 the company incurred the following costs.Polk Company sells the fishing lures for $26.75. During 2012 the company sold80000lures and produced94700lures.
