Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Oct 01, 2024

1. A company earns 60,000 selling 80,000 units at P5 per unit. The total fixed cost is P180,000 find the variable cost per unit and

1. A company earns 60,000 selling 80,000 units at P5 per unit. The total fixed cost is P180,000

find the variable cost per unit and contribution margin.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Intermediate Accounting Reporting and Analysis

Authors: James M. Wahlen, Jefferson P. Jones, Donald Pagach

2nd edition

9781305727557, 1285453824, 9781337116619, 130572755X, 978-1285453828

More Books

Students also viewed these Accounting questions

Question

★★★★★

A supplier ships a component in lots of size . The AQL has been established for this product at 1%. Find the normal, tightened, and reduced single-sampling plans for this situation from MIL STD 105E,...

Answered: 1 week ago

Question

★★★★★

Selected accounts with amounts omitted are as follows If the balance of Work in Process on August 31 is $220,000, what was the amount debited to Work in Process for direct materials in August? a....

Answered: 1 week ago

Question

★★★★★

Does the message satisfy ethical and legal standards? (625)

Answered: 1 week ago

Question

★★★★★

Ryder Company, which began operations in 2011, invests its idle cash in trading securities. The following transactions are from its short-term investments in its trading securities. 2011 Jan. 20...

Answered: 1 week ago

Question

★★★★★

1. A company earns 60,000 selling 80,000 units at P5 per unit. The total fixed cost is P180,000 find the variable cost per unit and contribution margin.

Answered: 1 week ago

Question

★★★★★

answer questions 2.2, 2.4, 2.6, 2.8, 2.10 2.2 What is the future value of an investment of $18.000 that will earn interest at 6 percent and fall due in seven years? 2.3 Jason was promised $48,000 in...

Answered: 1 week ago

Question

★★★★★

Question: What does the transient keyword in Java do when applied to a variable? A) It indicates that the variable should not be serialized during the serialization process. B) It prevents the...

Answered: 1 week ago

Question

★★★★★

Question: How does the instanceof operator in Java determine if an object is an instance of a specific class or interface? A) It checks whether the object belongs to the specified class or implements...

Answered: 1 week ago

Question

★★★★★

Question: What will be the result of executing the following Java code if an object of a class implementing Runnable is passed to a Thread constructor and the start() method is called? A) The run()...

Answered: 1 week ago

Question

★★★★★

Question: What is the result of trying to synchronize on a String literal in Java? A) The synchronization will work as expected, and each thread will be able to lock the String literal independently....

Answered: 1 week ago

Question

★★★★★

Question: What is the result when invoking the hashCode() method on two different objects that are considered equal according to the equals() method in Java? A) Both objects will have different hash...

Answered: 1 week ago

Previous Question Next Question