Question
1. Jones LLC sells cars and trucks. the unit sales were 100,000 and the contribution margin was 200,000. For Cars, the unit sales were 120,000
1. Jones LLC sells cars and trucks. the unit sales were 100,000 and the contribution margin was 200,000. For Cars, the unit sales were 120,000 and the contribution margin was 240,000. if the fixed costs are 180,000 how many units are needed to break even?
a. 70,000
b, 80,000
c. 90,000
d. none of the above
2. Collier LLC uses variable costing and absorption costing. In he absorption costing, income statement, variable selling expenses are a part of
a. cost of goods sold
b. period cost
c. both a and b
d. neither a nor b
3.units to be produced are in the a
a. production budget
b. manufacturing overheard budget
c. both a and b.
d. neither a nor b
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