Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Assume the following (t) sales = $200,000, (2) unit sales = 10,000, (3) the contribution margin ratio = 34%, and (4) net operating income- $10.000.

image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
Assume the following (t) sales = $200,000, (2) unit sales = 10,000, (3) the contribution margin ratio = 34%, and (4) net operating income- $10.000. Given these four assumptions, which of the following is true? Multiple Choice The total tined expenses = $132.000 The variable experie per unit 56.80 The contribution 568,000 0 The total fixed expenses = $132,000 o The variable expense per unit = $6.80 The total contribution margin = $68,000 O The break-even point is 8,438 units Assume the following (1) sales = $200.000, (2) unit sales - 10,000,(3) the contribution margin ratio = 25%, and (4) net operating income $10,000. Given these four assumptions, which of the following is true? Multiple Choice The total fred expenses - 590000 The total variable expenses $50.000 The timgi petunt 55 O The total fixed expenses = $90,000 O The total variable expenses = $50,000 O The contribution margin per unit = $5 O O The break-even point is 9,000 units

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_2

Step: 3

blur-text-image_step3

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

6. Use short-range goals to assist in achieving long-range goals.

Answered: 1 week ago