Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

1) Syntax had the following costs data available for 2020: Fixed costs: Manufacturing $165,000 Marketing 52,000 Administrative 24,000 Variable costs: Manufacturing $2.50 per unit Marketing

1) Syntax had the following costs data available for 2020: Fixed costs: Manufacturing $165,000 Marketing 52,000 Administrative 24,000 Variable costs: Manufacturing $2.50 per unit Marketing 1.25 per unit Administrative .75 per unit During the year, Syntax sold its products for $6.50 per unit. What is the Syntax contribution margin for 2020?

$4.50

$6.50

$2.00

$4.00

2) ABC Company sells products for $100 each that have variable costs of $25 per unit. Sun Companys annual fixed costs are $1,500,000. Determine break-even in units and in dollars. PROVE your answer!

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

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

Step: 2

blur-text-image

Step: 3

blur-text-image

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

More Books

Students also viewed these Accounting questions

Question

Group Size and Communication

Answered: 1 week ago

Question

Understanding Group Roles

Answered: 1 week ago