Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

ANSWER URGENTLY PLEASE If the sales price per unit is $180, variable cost per unit is $96, targeted net income is $126,000, and total fixed

image text in transcribed

image text in transcribed

image text in transcribed

ANSWER URGENTLY PLEASE

If the sales price per unit is $180, variable cost per unit is $96, targeted net income is $126,000, and total fixed costs are $42,000, the number of units that must be sold to achieve the desired profit is: a. 1,000 b. 1,500 c. 500 d. 2,000 Bussin' Inc uses an annual cost function for its overhead cost of $100,000+$1.80 per direct labour hours worked. For the next quarter, Bussin' Inc plans to manufacture 40,000 units. Each unit requires 3 hours of direct labour hours. What is the budgeted manufacture overhead cost for the next quarter? a. $316,000 b. $97,000 c. $172,000 c. $241,000 Which of the following assertion(s) is/are true regarding a zero-based budget: (i) Existing operations are analyzed to ensure that all activities are still needed. (ii) It is time-consuming but aids in eliminating waste and inefficiency. a. Nelther assertions (I) nor (II) are correct b. Only assertion (i) is correct C. Assertlons (I) and (II) are both correct d. Only assertion (ii) is correct

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_2

Step: 3

blur-text-image_3

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

Financial Accounting A Critical Approach

Authors: John Friedlan

3rd Edition

0070967601, 978-0070967601

More Books

Students also viewed these Accounting questions

Question

=+What do you want them to know?

Answered: 1 week ago

Question

=+1. How can you animate it?

Answered: 1 week ago