Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 09, 2024

If the unit selling price is $60 and CM ratio is 70%. How much will be the unit variable cost? A. $20 B. $48 C.

If the unit selling price is $60 and CM ratio is 70%. How much will be the unit variable cost?

$20

$48

$18

$12

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

Recommended Textbook for

Keisters Corporation Accounting And Auditing

Authors: David Armel Keister

1st Edition

1019058382, 978-1019058381

More Books

Students also viewed these Accounting questions

Question

★★★★★

Solutions of sodium hypochlorite, NaClO, are sold as a bleach (such as Clorox). They are prepared by the reaction of chlorine with sodium hydroxide. 2NaOH(aq) + Cl2(g) NaCl(aq) + NaClO(aq) + H2O(l)...

Answered: 1 week ago

Question

★★★★★

3. What is meant when we say that people with a Protestant character exhibit manipulative behaviour?

Answered: 1 week ago

Question

★★★★★

What are the different categories of financial instruments?

Answered: 1 week ago

Question

★★★★★

Listed are the equity sections of balance sheets for years 2011 and 2012 as reported by Mountain Air Ski Resorts, Inc. The overall value of stockholders equity has risen from $2,000,000 to...

Answered: 1 week ago

Question

★★★★★

Question 27 (7 points) Answer both of the following two sub-questions. a) Minnie Ltd has just realised that it has a problem with sales data as its sales order system records sales to customers that...

Answered: 1 week ago

Question

★★★★★

Since the birth of his daughter, 20 years ago, Monica has deposited $125 at the beginning of every month into a Registered Education Savings Plan (RESP). The interest rate on the plan was 4.50%...

Answered: 1 week ago

Question

★★★★★

Score: 0/19 0/19 answered Question 7 A company produces steel rods. The lengths of the steel rods are normally distributed with a mean of 209.6-cm and a standard deviation of 0.8-cm. For shipment, 47...

Answered: 1 week ago

Question

★★★★★

EXPENSES TOTAL ($) MY 2022 (Year 1) MY 2023 (Year 2) MY 2024, Year 3 Revenues[SI1] Sales $6,400,000 $8,524,000 $10, 366,000 Diversity Grant $1,000,00 $1,000,000 $ 1,000,000 EXPENSES TOTAL ($) MY 2022...

Answered: 1 week ago

Question

★★★★★

Describe the usefulness of applying "What, Why, When, How, Where and Who" principles in the search for and extraction of digital evidence. Consider the way in which you would undertake a computer...

Answered: 1 week ago

Question

★★★★★

Calculate the angle between the [1,1,1] and [0,2,1] directions in a cubic system.

Answered: 1 week ago

Question

★★★★★

2.Raw computation question. Let X and Y be two random variables with the joint density f(x, y) = 2 - - x 1 + 2y 8(e7/41) 4(e7/4 - 1) where 0 x 2 - 2 and 1 y e7/4. a) Please calculate the marginal...

Answered: 1 week ago

Question

★★★★★

3 What are your expectations for paid time off from work? Do you expect to be paid for holidays like Independence Day and Thanksgiving? Are your feelings about religious holidays different from your...

Answered: 1 week ago

Question

★★★★★

2 Consider the cultural variations discussed in this chapter and in Chapter 3. How is the largely masculine, individualist culture of the United State reflected in American policies on and attitudes...

Answered: 1 week ago

Question

★★★★★

3 How can organizations ensure that telecommuting staffers are able to develop strong working relationships? How can they build face time into a virtual team?

Answered: 1 week ago

Previous Question Next Question