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A company's contribution income statement as follows: TREAT EACH PART INDEPENDENTLY Questions for Reginad Company Sales (20,000 units @ 60 per unit) $1,200,000 Less: Variable
A company's contribution income statement as follows: TREAT EACH PART INDEPENDENTLY Questions for Reginad Company Sales (20,000 units @ 60 per unit) $1,200,000 Less: Variable cost 20,000@ $45 900,000 Contribution margin 300,000 Less fixed cost 240,000 Net income 60,000 The company's new breakeven point in dollars will be? O $420,000 O $380,000 O None of the above O $400,000 O $360,000 Question 15 A company incurs the following operating expenses in a given period Expenses April May June Advertising expense 5,000 5,000 5,000 Shipping expense 67,500 75,600 72,000 A Salaries commissions 30,800 34,400 32,800 Insurance 4,000 4,000 4,000 Depreciation 2,500 2,500 2,500 Advertising is an example of PLEASE REFER TO Question 15 Fixed cost None of the above O Mixed cost O Variable cost G Question 16 Shipping is an example of? O Fixed cost O None of the above Variable cost O Mixed cost Question 17 Sales salaries and commission is an example of? O Variable cost O Mixed cost O None of the above O No answer text provided. O Fixed cost D Question 18 Depreciation is an example of? O Variable cost O Fixed cost mixed cost O none of the above D Question 19 Direct material are a example of? O Product cost O Manufacturing Overhead O none of the above O Period cost D
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