Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

For Wickham Co., sales is $3.000,000, fixed expenses are $900.000 and the contribution margin ratio is 36% What is required sales in dollars to income

image text in transcribed
For Wickham Co., sales is $3.000,000, fixed expenses are $900.000 and the contribution margin ratio is 36% What is required sales in dollars to income of $600.0007. A) $1.666.667 B) $2, 500,000 C) $4, 166, 667 D) $8.333.333 In 2016, Teller Company sold 3,000 units at $600 each variable expenses were $420 per unit, and fixed expenses were $270,000. The same selling price, variable expenses. and fixed expenses are expected for 2017. What is Teller's break even in units for 2017? A) 1.500 B) 643 C) 450 D) 750 Ramirez Corporation sells two types of computer hard drives. The sales mix is 30% (Q-Drive) and 70% (Q-Drive Plus). Q-Drive has variable costs per unit of $90 and a selling price of $195. Q-Drive Plus has variable costs per unit of $105 and a selling price of $195. The weighted-average unit contribution margin for Ramirez is A) $69. B) $75. C) $81. D) $150. Capitol Manufacturing sells 4,000 units of Product A annually, and 6.000 units of Product B annually. The sales mix for Product A is A) 40%. B) 60%. C) 67% D) Cannot determine from information given. Which of the following is an irrelevant cost? A) An incremental cost B) An incremental cost C) A sunk cost D) An opportunity cost

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

Smoke And Mirrors Inc Accounting For Capitalism

Authors: Nicolas Vron, Matthieu Autret, Alfred Galichon, George Holoch

1st Edition

0801444160, 978-0801444166

More Books

Students also viewed these Accounting questions

Question

Brief the importance of span of control and its concepts.

Answered: 1 week ago

Question

What is meant by decentralisation?

Answered: 1 week ago

Question

Write down the Limitation of Beer - Lamberts law?

Answered: 1 week ago

Question

Discuss the Hawthorne experiments in detail

Answered: 1 week ago

Question

6. Identify characteristics of whiteness.

Answered: 1 week ago

Question

9. Explain the relationship between identity and communication.

Answered: 1 week ago