FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

cion The contribution margin ratio is 70%. If total fixed costs are $23,000, then what is the total cost ($) of producing and selling 66,550

image text in transcribed
cion The contribution margin ratio is 70%. If total fixed costs are $23,000, then what is the total cost ($) of producing and selling 66,550 units? The selling price is $3 per unit. ut of a 176,650 b. 59,895 C. 139,755 d. 116.755 e. None of the given answers ve flag

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

Auditing The Risk Management Process

Auditing The Risk Management Process

Authors: K. H. Spencer Pickett

1st Edition

0471690538, 978-0471690535

More Books

Students also viewed these Accounting questions

Question

★★★★★
Explain how you could use a balloon to demonstrate the mechanism responsible for rocket propulsion.

Answered: 1 week ago

Question

★★★★★
The wavelength 10.0 m is in the infrared region of the electromagnetic spectrum, whereas 600 nm is in the visible region and 100 nm is in the ultraviolet. What is the temperature of an ideal...

Answered: 1 week ago

Question

★★★★★
7. Do you think stacking is a problem in youth sports? How about professional sports? Why do you feel this way? Can anything be done about it?

Answered: 1 week ago

Question

★★★★★
Leonard Presbys newsstand uses naive forecasting to order tomorrows papers. The number of newspapers ordered corresponds to the previous days demands. Todays demand for papers was 22. Presby buys the...

Answered: 1 week ago

Question

★★★★★
C++ #include #include using namespace std; int counter; int sum = 0; int number; ifstream inNums; void SumNumbers(ifstream& inFile, int& answer); // Sums the numbers on inFile. int main () {...

Answered: 1 week ago

Question

★★★★★
a) Consider the prices of following American call options with different maturities and strike prices. Assume the current stock price is $30 and no dividends will be paid prior to the July expiration...

Answered: 1 week ago

Question

★★★★★
Q1: What is corporate finance, and what are its primary functions? Q2: Explain the difference between equity financing and debt financing.

Answered: 1 week ago

Question

★★★★★
SECTION D- ESSAY QUESTIONS. [50 MARKS] Answer any two questions from this section. Question 1 Study the below passage and answer the questions that follow. Many well-known examples of the use of...

Answered: 1 week ago

Question

★★★★★
A# C# D# F#G# A# C# D# F# G#A# C#D# F#G#A# C# D# F#G#A# C# D# F# G# A# C# D# F# G# A# C#D# F#G#A# ABCDEFGABCDEFGABCDEFGABCDEFGABCDEFGABCDEFGABCDEFGABC 220 Hz middle C

Answered: 1 week ago

Question

★★★★★
Be sure to follow the seven step paradigm when submitting this as a collected homework problem: 1. I want to and I can 2. Draw a diagram (if you can't visualize this in a diagram, see the next page)...

Answered: 1 week ago

Question

★★★★★
Directions: Perform an ethical penetration test on a website of your choice using one of the following tools. As an option, you can use Kali Linux through Oracle Virtual Box. Nmap:...

Answered: 1 week ago

Question

★★★★★
3. Explain the relationship between history, power, and intercultural communication.

Answered: 1 week ago

Question

★★★★★
8. Explain the contact hypothesis.

Answered: 1 week ago

Question

★★★★★
7. Identify four antecedents that influence intercultural contact.

Answered: 1 week ago

Previous Question Next Question