Please do not give solution in image format thanku Mathias Corporationmanufacturesand sells wire rakes. The rakes sell for$20 each. Information about thecompany's costs is as follows:Variable manufacturing cost per unit..$9Variable selling and administrative costper unit....$4Fixed manufacturing overhead permonth........ $250,000Fixed selling and administrative costper month... $350,000a. Determine the company's monthlybreak-even point in units.b. Determine the sales volume (indollars) required for a monthlyoperating income of $100,000.c. Estimate the amount by whichmonthly operating income willincrease if the company anticipates a$200,000 increase in monthly salesvolume.

Break even point :— It is the point of production where total cost is equal to total revenue. At…

Answered: Mathias Corporation manufactures and…

Cornerstones of Cost Management (Cornerstones Series)

4th Edition

ISBN:9781305970663

Author:Don R. Hansen, Maryanne M. Mowen

Publisher:Don R. Hansen, Maryanne M. Mowen

Chapter16: Cost-volume-profit Analysis

Section: Chapter Questions

Problem 20E

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