Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

13. If you got the information for last th Cost function is: a. Y=300 every month c. Y=3X+300 every month 14. From the last statement,

image text in transcribed

13. If you got the information for last th Cost function is: a. Y=300 every month c. Y=3X+300 every month 14. From the last statement, if the factory will produce and sell 250 units in December, then b. Y=300X+3 every month total costs will be (in L.E) ... . 300 b. 1200 c. 750 d. 1050 15. At 100 units, sales revenue was LE 2000 , variable costs were LE 800 , fixed costs were LE 500 . If management increases number of units by 10 units, net profit will be (in LE).. a. 820 b. 770 (c.) 120 d. 780 16. Management can decrease break-even point by increasing...... a. variable cost per unit b. price per unit c. total fixed costs d. sold units 17. Performance reports compare actual results to......... in order to highlight variances. a. Benchmarks b. Objectives c. Budgeted data d. Guidelines 18. In Oetober, selling price per unit was LE 40, variable cost per unit was LE 24 , fixed cost per units was LE 5. In November, variable cost per unit is increased by 25\%. With maintaining October contribution margin ratio in November. Then November's selling price per unit will be (in LE).. a. 40 b. 46 c. 35 d. 50 19. At 50 units, sales revenue was LE 1000, total costs were LE 800 (included LE 500 fixed costs) then contribution margin ratio is .. a. 30% b. 50% c. 20% (d) 70% 20. Sales revenues were LE 500. C.nsts of goods sold were LE 400(25% of them were fixed costs), Selling and administrative expenses were LE 50 (100\% of them were fixed costs). Then contribution margin is (in LE) ... a. 100 b. 400 9. 200 d. 50

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

Advanced Financial Accounting Lawrence S C Good Condition ISBN 08512

Authors: S.C. Lawrence

1st Edition

9780851215099

More Books

Students also viewed these Accounting questions

Question

30. Let for . Argue that is a standard Brownian motion process.

Answered: 1 week ago