ACCT 301 Week 4 Homework

Problem 1

Required: Use the following information to complete the below schedule of cost of goods manufactured.

Problem 2

Required: JZ is a musician who is considering whether to independently produce and sell a CD. JZ estimates fixed costs of $10,000 and variable costs of $4.00 per unit. The expected selling price is $12 per CD. What is JZ's break-even point in units and dollars?