Randy’s Pizza delivers pizzas to dormitories and apartments…

Randy’s Pizza delivers pizzas to dormitories and apartments near a major state university. The company’s annual fixed costs are $48,000. The sales price averages $9, and it costs the firm $3 to make and deliver each pizza.Required: A. How many pizzas must Randy’s sell to break even?B. How many pizzas must the company sell to earn a target profit of $54,000?C. If budgeted sales total 9,900 pizzas, how much is the company’s safety margin in dollars?D. Tony’s assistant manager, an accounting major, has suggested that the firm should try to increase the contribution margin per pizza. Explain the meaning of “contribution margin” in layman’s terms. 

Forrest Corporation manufactures parts that are used in the…

Forrest Corporation manufactures parts that are used in the production of washers and dryers. The following costs are associated with part no. 65: Direct materials $30 Direct labor $15 Variable manufacturing overhead $12 Fixed manufacturing overhead $19 Variable selling costs $22 The company received a special-order inquiry from an appliance manufacturer in Brazil for 12,000 units of part no. 65. $13 of fixed manufacturing will be avoided on the order, and the variable selling costs per unit will amount to only $7. Usually the company sells the part no. 65 at price of $125. Required. (a) Assume Forrest has excess capacity, what is the minimum price that Forrest should charge the Brazil manufacturer? (b) Assume Forrest has NO excess capacity, what is the price that Forrest should charge the Brazil manufacturer?