Answered step by step
Verified Expert Solution
Question
1 Approved Answer
I need these ASAP!! Just the answers!! Question 42 (3 points) Listen Using standard costs 1) makes employees less cost-conscious. O2) provides a basis for
I need these ASAP!! Just the answers!!
Question 42 (3 points) Listen Using standard costs 1) makes employees less "cost-conscious." O2) provides a basis for evaluating cost control. 3) makes management by exception more difficult. 4) increases clerical costs. Question 43 (7 points) Listen Independence Inc. is planning to sell 900,000 units for $1.50 per unit. The contribution margin ratio is 20%. With break even at this level of sales, what are the fixed costs? 1) $900,000. O2) $1,020,000 3) $630,000 4) $270,000 Question 44 (7 points) Listen Dye & Tool Company sells 100,000 units for $13 a unit. Fixed costs are $350,000 and net income is $250,000. What should be reported as variable expenses in the CVP income statement? 1) $950,000 2) $1,050,000 3) $600,000 4) $700,000 Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started