Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Company XYZ made total sales revenue of $200,000. The variable manufacturing costs were $75,000 while the fixed manufacturing costs were $20,000. The variable selling and

image text in transcribed
Company XYZ made total sales revenue of $200,000. The variable manufacturing costs were $75,000 while the fixed manufacturing costs were $20,000. The variable selling and administrative expenses were $45,000 while the fixed selling and administrative expenses were $10,000 Herw much was the total contribution margin ($)? O a 105,000 Ob. None of the given answers Oc80,000 O d. 125,000 O e. 145.000 Ahmed is considering his plans for the coming weekend. He is currently working as a marketing specialist in a big advertising company. He normally spends the weekend with family but this weekend he is thinking of going on a camping trip that would cost him about $1.000. At the same time, his manager asked him whether he can help during the weekend and the company will be willing to pay him an overtime bonus of $2.500.it Ahmed goes on the camping trip, he can manage to provide a number of quick consultancy services that would earn him around $1.900.it Ahmed decided to work during the weekend what would be the Incremental revenue of that decision (5? 1.900 Ob 900 Oc None of the given answers Od 1.000 Oe 2.500

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

Students also viewed these Accounting questions