Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

ASAP PLEASE HOANALO OUTLOMON A business produces a product that is sold for 1d each, Variable costs are $6 for each product and total fixed

ASAP PLEASE
image text in transcribed
HOANALO OUTLOMON A business produces a product that is sold for 1d each, Variable costs are $6 for each product and total fixed costs are 82.400 During the year, the business sold 650 unts of the product What is the "margin of safety' in units? 400 171 350 30 D Question 5 2.5 pts A business produces a product that generated total sales revenue of 22,000 for the year. The business has variable costs of 87 per unit and total fixed costs of 4,500. The business sold 1,000 units of the product during the year What is the contribution margin ratio ? 318% 68.2% 20.4% 46.7

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

The Audit Process Principles Practice And Cases

Authors: Stuart Manson, Iain Gray, Iain G. Sheffield, I.H. Gray, I. Etal Gray

2nd Edition

1861520107, 9781861520104

More Books

Students also viewed these Accounting questions