FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

i need the answer Moon company has an average selling price of OMR 23 per unit and an average variable cost of OMR 13 per

image text in transcribed

i need the answer

image text in transcribed
Moon company has an average selling price of OMR 23 per unit and an average variable cost of OMR 13 per unit. The fixed cost is OMR 150,000 per month. How many units should the company sell in December to reach an operating income of OMR 110,000? Select one: a. 26,000 O b. None of the answers given O d. 25,000 O d. 24,000 O e. 23,000

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

Accounting and Financial Analysis in the Hospitality Industry

Accounting and Financial Analysis in the Hospitality Industry

Authors: Johnathan Hales

1st edition

132458667, 978-0132458665

More Books

Students also viewed these Accounting questions

Question

★★★★★
Mouskori Limited purchased a machine on September 3, 2015, at a cash price of $187,800. On September 4, it paid $1,200 for delivery of the machine. A one-year, $1,950 insurance policy on the machine...

Answered: 1 week ago

Question

★★★★★
What is a bond discount, and how is it reported on a balance sheet? What is a bond premium, and how is it reported on a balance sheet?

Answered: 1 week ago

Question

★★★★★
In what ways might an assessment of an individuals competency to stand trial differ from an assessment of an individual pleading NGRI?

Answered: 1 week ago

Question

★★★★★
A production lot of 25 units required 103.6 hours of effort. Accounting records show that the first unit took 7 hours. What was the learning rate?

Answered: 1 week ago

Question

★★★★★
this is wrong answer please provide me right answer. thankyou Question 3 of 4 Catherine received a loan of $23,000 at 6.5% compounded semi-annually. She had to make payments at the end of every...

Answered: 1 week ago

Question

★★★★★
Question 7 1 pts Special tools for the manufacture of finished plastic products cost $15,000 and have an estimated $1000 salvage value at the end of an estimated three-year useful life and recovery...

Answered: 1 week ago

Question

★★★★★
21. Data: S0 = 100; X = 110; 1 + r = 1.1. The two possibilities for ST are 150 and 80. Calculate the value of a call option on the stock with an exercise price of 110. (Do not use continuous...

Answered: 1 week ago

Question

★★★★★
Car expenses using logbook and expense data Rory derives business income from a retail cosmetics store. On 1 October 2023, Rory bought a Mercedes for $38,340. Its effective life is eight years. Rory...

Answered: 1 week ago

Question

★★★★★
An analyst for Bloom Ltd, gathered the following information with regards to futures contract: Current spot-market price of R60 Risk-free interest rate of 8.87% per annum The six-month future...

Answered: 1 week ago

Question

★★★★★
Case 2: Maria Sosa is selling a 2015 Nissan Verson SV to Juan Rodriguez for RD$400,000.00 pesos. Juan Rodriguez tells her that he will pay Mrs. Sosa in cash. Analyze the case and then answer: Can Mr....

Answered: 1 week ago

Question

★★★★★
It is estimated that 28% of all adults in the United States invest in stocks and that 83% of U.S. adults have investments in fixed income instruments (savings accounts, bonds, etc.). It is also...

Answered: 1 week ago

Question

★★★★★
Part I: Exploring gas behavior under some changing conditions 1. Obtain a large, plastic syringe and draw 25 mL of water into it. Eliminate any bubbles of air. Place the opening of the syringe...

Answered: 1 week ago

Question

★★★★★
2. Find five metaphors for communication.

Answered: 1 week ago

Question

★★★★★
5. Starting with a motive you may have for acting the way you do in a particular situation: a) What purpose did you seek to achieve? b) Which aspects of your past and your surroundings influenced...

Answered: 1 week ago

Question

★★★★★
3. (Constructing a metaphor about something can be done by comparing it to something else by using the word is. For instance, Communication is a bridge between people.

Answered: 1 week ago

Previous Question Next Question