Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A firm expects to sell 25,600 units of its product at $18 per unit. Pretax income is predicted to be $60,600. If the variable costs

image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
A firm expects to sell 25,600 units of its product at $18 per unit. Pretax income is predicted to be $60,600. If the variable costs per unit are $9, total fixed costs must be: Multiple Choice $400,200. $230,400 $144,200 $460,800. $169,800. A firm expects to sell 25,800 units of its product at $11.80 per unit and to incur variable costs per unit of $6.80. Total fixed costs are $78,000. The total contribution margin is: Multiple Choice $51,000. $78,000. $129,000. $175,440. $253,440 Watson Company has monthly fixed costs of $81,000 and a 40 % contribution margin ratio. If the company has set a target monthly income of $14,800, what dollar amount of sales must be made to produce the target income? Multiple Choice $239,500 $95,800 $202,500 $37,000 $165,500 A product sells for $290 per unit, and its variable costs per unit are $213. The fixed costs are $438,000. If the firm wants to earn $76,360 pretax income, how many units must be sold? Multiple Choice 6,980 6,880 6,680 6,780. 7,080. Use the following information to determine the break-even point in sales dollars:" Unit sales 52,400 Units $524,000 $207,000 $196,500 Dollar sales Fixed costs Variable costs Multiple Choice $207,000. $120,500. $192,800. $331,200. $524,000

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

Students also viewed these Accounting questions

Question

define the account receivable?

Answered: 1 week ago