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1. Helping Hands is a nonprofit organization that supplies electric fans during the summer for individuals in need. Fixed costs are $300,000. The fans
1. Helping Hands is a nonprofit organization that supplies electric fans during the summer for individuals in need. Fixed costs are $300,000. The fans cost $20 each. The organization has a budgeted appropriation of $540,000. How many people can receive a fan during the summer? A) 12,000 people B) 14,000 people C) 24,000 people D) 34,000 people 2. GA Company is planning to sell 200,000 units for $4 per unit. The variable cost ratio is 70% If GA will break even at this level of sales, what are the fixed costs? a) $100,000 b) $160,000 c) $200,000 d) $240,000 3. LG company sells a product for $5 per unit. Fixed costs are $210,000 and variable cost ratio 60%. What should the company sell in units in order to achieve a profit 10% of sales? A 130,000 B 120,000 C 140,000 D 150,000 4. Al- Gods company has a contribution margin ratio 25%. Break even point $200,000. The company is planning to achieve $60,000 profit after tax, while tax rate 20%. What are the expected sales in Dollars? A $500,000 B $440,000 C $280,000 D $240,000 5. If Al- agwar Palestinian Company had margin of safety 20%, break even point $200,000, fixed costs 110,000, and variable costs ratio 45%. What is the company's net operating income? A $27,500 B $18,000 C $22,500 D $22,000 6. Gaza Manufacturing Company has Contribution margin ratio 30%, target profit $76,800, and target sales $480,000. What is the total Fixed Costs for the Company? A. 23,000 B. 144,000 C. 44,160 D. 67.200
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