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Glaucous Company is planning to sell 1,500 refrigerators at $350 each for the coming year. Variable cost per unit is $280, and total fixed cost
Glaucous Company is planning to sell 1,500 refrigerators at $350 each for the coming year. Variable cost per unit is $280, and total fixed cost is $75,000. Calculate the number of refrigerators that Glaucous must sell to earn an operating income of $68,150 0 a. 7,150 refrigerators b. 1,965 refrigerators c. 6,250 refrigerators d. 2,045 refrigerators Which of the following is an assumption of cost-volume-profit analysis? a. Cost and revenue functions are curved functions. O b. The units manufactured are always more than units sold. O c. Sales mix is unknown for multiple-product break-even settings. d. Selling prices and costs are known with certainty. The process of building a package contribution margin is followed in: a. the sales revenue approach in a multiple-product setting. b. the units sold approach in a multiple-product setting. Oc. the units sold approach in single-product setting. d. the sales revenue approach in a single product setting Glaucous Company is planning to sell 1,500 refrigerators at $350 each for the coming year. Variable cost per unit is $280, and total fixed cost is $75,000. Calculate the number of refrigerators that Glaucous must sell to earn an operating income of $68,150 0 a. 7,150 refrigerators b. 1,965 refrigerators c. 6,250 refrigerators d. 2,045 refrigerators Which of the following is an assumption of cost-volume-profit analysis? a. Cost and revenue functions are curved functions. O b. The units manufactured are always more than units sold. O c. Sales mix is unknown for multiple-product break-even settings. d. Selling prices and costs are known with certainty. The process of building a package contribution margin is followed in: a. the sales revenue approach in a multiple-product setting. b. the units sold approach in a multiple-product setting. Oc. the units sold approach in single-product setting. d. the sales revenue approach in a single product setting
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