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

Question

1 Approved Answer

III. Electra Corporation manufactures computers.Over the past year the company sold 400 computers, with the following operating results:( 30 pts. ) Total Per Unit Sales(400

III.Electra Corporation manufactures computers.Over the past year the company sold 400 computers, with the following operating results:(30 pts.)

TotalPer Unit

Sales(400 computers)$200,000$500

Less variable expenses120,000300

Contribution margin80,000$200

Less fixed expenses 50,000

Net income$30,000

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

Step: 3

blur-text-image

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

Statistics Unlocking The Power Of Data

Statistics Unlocking The Power Of Data

Authors: Robin H. Lock, Patti Frazer Lock, Kari Lock Morgan, Eric F. Lock, Dennis F. Lock

1st Edition

0470601876, 978-0470601877

Students also viewed these Accounting questions

Question

★★★★★
Differentiate between general and application controls. Give two examples of each.

Answered: 1 week ago

Question

★★★★★
5. Try alternatives. For example, DeWayne Mason and Tom Good (1993) found that supplementing whole-class instruction in math with remediation and enrichment for students when they needed it worked...

Answered: 1 week ago

Question

★★★★★
Creative Computing sells a tablet computer called the Protab. The $780 sales price of a Protab Package includes the following: ¢ One Protab computer. ¢ A 6-month limited warranty. This...

Answered: 1 week ago

Question

★★★★★
ACCOUNTING FOR PARTNERSHIP INCOME DISTRIBUTION Tom and Jerry are partners and own the Tom & Jerry Document Center. Tom & Jerry Document Center provides document services as well as selling some of...

Answered: 1 week ago

Question

★★★★★
Suppose that ABC overstates its ending inventory for 2018. What effect will this have on the reported amount of cost of goods sold for 2018? Cannot be determined given the information provided. Have...

Answered: 1 week ago

Question

★★★★★
11.7 A copper bar with a cross-sectional area of 1.5 in. is loaded as shown. What is the total change in length of the bar? Ec = 16 x 100 psi. Def=0.044 in 4 ft 10.000 lb 4000 lb - 8 ft PROB. 11.7

Answered: 1 week ago

Question

★★★★★
Divergent LTD is an investment company which owns a number of subsidiary companies. Each subsidiary produces a particular product or service. The subsidiary companies are grouped into three divisions...

Answered: 1 week ago

Question

★★★★★
A cylindrical casting of diameter 200 mm and height 100 mm is to be casted. From the previous observations it was found that to cast a shaft of 150 mm diameter and 500 mm length, the casting time is...

Answered: 1 week ago

Question

★★★★★
Illustrate a strategic timeline to obtain/maintain market penetration in 1 year. Illustrate a strategic timeline to increase production capacity in 3 years Illustrate a strategic timeline to market...

Answered: 1 week ago

Question

★★★★★
1 General triangles 1 General triangles 2 You are stuck in place P and there is a landmark (L) in your sight that is at an angle of 42 to a reference line as in the picture. You know that there is a...

Answered: 1 week ago

Previous Question Next Question