Question
1. Brambles CVP income statement included sales of 6200 units, a selling price of $50, variable expenses of $30 per unit, and net income of
1. Brambles CVP income statement included sales of 6200 units, a selling price of $50, variable expenses of $30 per unit, and net income of $25000. Fixed expenses are $124000. $99000. $186000. $310000.
2. For Vaughn Manufacturing, sales is $2700000, fixed expenses are $680000, and the contribution margin ratio is 36%. What are the total variable expenses? $1728000 $2700000 $435200 $972000
3. For Crane Company, sales is $1700000 (8500 units), fixed expenses are $480000, and the contribution margin per unit is $60. What is the margin of safety in dollars? $890000. $990000. $380000. $100000.
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