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Assume a merchandising company provided the following income statements: Which of the expenses shown in the income statements is (are) behaving like a variable cost?
Assume a merchandising company provided the following income statements: Which of the expenses shown in the income statements is (are) behaving like a variable cost? Multiple Choice Cost of goods sold and shipping Cost of goods sold, shipping, and salaries and commissions Cost of goods sold and salaries and commissions Assume (1) actual machine-hours worked during the period of 54,000 hours, (2) estimated machine-hours to be worked during the coming pe Multiple Choice $1.89. $3.00. $1.85. $2.00. Assume the following information for a company with only two products: If the break-even point in dollar sales is $500,000, then what is the total amount of fixed expenses? Multiple Choice $650,000 $150,000 $350,000 $500,000 Multiple Choice The total fixed expenses =$114,000 The break-even point is 6,429 units The total contribution margin =$86,000 The variable expense per unit =$8.60 What is the estimated net operating income if the company sells 4,960 units? Multiple Choice $20,040 $20,320 $24,760 $19,800
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