Question
Gift Gallery sold 2,000 Zooglars during 2020. Information is provided concerning the Zooglar product: Sales........................................$ 60,000 Variable costs..........................24,000 Fixed costs.............................. 10,000 Net income..............................$ 26,000 If
Gift Gallery sold 2,000 Zooglars during 2020. Information is provided concerning the Zooglar product:
Sales........................................$ 60,000
Variable costs..........................24,000
Fixed costs.............................. 10,000
Net income..............................$ 26,000
If Gift Gallery sells 30 more units, by how much will its profit increase?
Select one:
a. 18
b. 900
c. 390
d. 540
Sarks Company has a contribution margin of $150,000 and a contribution margin ratio of 30%. How much are total variable costs?
Select one:
a. $105,000
b. $500,000
c. $45,000
d. $350,000
CopperZ Company has variable costs which are 40% of its unit selling price and fixed costs of $30,000. How many sales will CopperZ report at its break-even point in dollars?
Select one:
a. $12,000
b. $75,000
c. $18,000
d. $50,000
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