Total costs incurred at various output levels for Glaskol Ltd. for a processing operation in their Kingston factory have been measured as follows:
Output Units 11,500 12,000 12,500 13,000 13,500 14,000 Total Costs $102,476 $104,730 $106,263 $108,021 $110,727 $113,201 Required: Calculate: a. The variable cost per unit b. The fixed cost c. The break-even output assuming the selling price per unit is $10.60 d. The target sales in units and sales dollars if Glaskol Ltd. wants to make a profit of $30,000 before taxes. e. What is the margin of safety for Glaskol Ltd if the budgeted output is 12,500 units?