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Are these correct? Please let me know which ones aren't. Thanks 1.2 pts Bluegreen's most popular product has a variable cost of $43.56. On Bluegreen's
Are these correct? Please let me know which ones aren't. Thanks
1.2 pts Bluegreen's most popular product has a variable cost of $43.56. On Bluegreen's income statement, the cost of goods sold per unit is $40.29. If Bluegreen's markup percentage on variable cost is 25% and its gross margin is 26%, what is the selling price of this product? O $54.45 O $53.72 O $58.08 O $58.86 PreviousBreakeven sales for a local manufacturing are $190,620. The company manufactures and sells 2 products Basic and Expert. To breakeven it must sell 945 Basic units and 1,755 Expert units. The company's fixed costs are $91,989. The Basic product sells for $136 while the Expert unit sells for $144. The Basic unit's $88.40 variable costs. What is the contribution margin per unit of Expert units (if necessary, round your answer to the nearest cent)? O $26.78 O $22.48 $100.02 O $77.99 Previous1.2 pts Using the following unit data for a company that produces Product A and B, what is the breakeven point (round properly) when fixed costs total $175,000? Product A Product B Units sold last year 2,250 1,000 Sales price $200 $450 Cost of goods sold 145 350 Sales commission 15 37 Variable costs 160 387 Contribution margin $ 40 $ 63 792 Product A; 352 Product B 2,574 Product A; 1,144 Product B 849 Product A; 849 Product B 659 Product A; 556 Product BPts Brandi's Bakery sells strawberry cakes for $15 each. Brandi's variable costs are $5 and her fixed costs total $3,000 per month. If Brandi's tax rate is 25%, how many cakes must Brandi sell each month if she wants to earn $6,000 in net income? 1,100 600 O 1,200 O 900 Previous NextMiguel Manufacturing has fixed costs of $2,500,000 and variable costs are 40% of sales. What are the required sales if Montoya desires an operating income of $250,000? O $4,583,333 $6,250,000 $4,166,667 O $6,875,000Step by Step Solution
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