1) During FY 2018, Adelps Company reported sales of $400,000,
1) During FY 2018, Adelps Company reported sales of $400,000, a contribution
margin of $9.00 per unit, fixed costs of $100,000, and net income of $20,000. Use this information to determine the number of units Adelps sold during FY 2018. (Round answer to nearest whole number)
2) Tows Company manufactures book cases, and each requires 28 board feet of lumber. Tows expects that 1,800 and 1,850 book cases will be built in June and July, respectively. Tows keeps lumber on hand at 35% of the next month’s production needs. Use this information to determine number board feet of lumber that Tows Company should buy in June. (Round & enter final answers to the nearest whole number.)