Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Dragon, Inc. has actual sales of $330,000 and a margin of safety of $128,700, What is Dragon's break-even point in sales? Multiple Choice $201.300 O

image text in transcribed
image text in transcribed
image text in transcribed
Dragon, Inc. has actual sales of $330,000 and a margin of safety of $128,700, What is Dragon's break-even point in sales? Multiple Choice $201.300 O $273,900 $72,600 $346,500 Pecan, Inc., has a contribution margin of 50% and fixed costs of $239,500. What sales revenue is needed to attain a $69,000 profit? Multiple Choice $617.000 $77,600 $260.000 $480.000 When Carter, Inc. sells 46,000 units, its total variable cost is $92,000. What is its total variable cost when it sells 48,400 units? Multiple Choice $92,000 $127,960 $96,800 $93.960

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

Advanced Financial Accounting

Authors: Theodore Christensen, David Cottrell, Cassy Budd

12th Edition

1260165116, 9781260165111

More Books

Students also viewed these Accounting questions

Question

Explain the going concern concept.

Answered: 1 week ago

Question

=+Could you use an ambient ad?

Answered: 1 week ago