Question
Jerusalem Industrial Company presents the following information for the year 2015: Sales in units 50,000 units; Selling price per unit $80; Variable cost per unit
Jerusalem Industrial Company presents the following information for the year 2015: Sales in units 50,000 units; Selling price per unit $80; Variable cost per unit $50; Total fixed cost $1,200,000.
Match between the question and the appropriate answer.
The Contribution Margin per unit is | Answer 1Choose...40%24,000 units$300,00040,000 units15,000 units37.5%$3,200,00020%30,000 units$3,500,000$1,300,00031,597 units$30$250,000$20$1,500,00010,000 units60,000 units |
The margin of Safety ratio | Answer 2Choose...40%24,000 units$300,00040,000 units15,000 units37.5%$3,200,00020%30,000 units$3,500,000$1,300,00031,597 units$30$250,000$20$1,500,00010,000 units60,000 units |
The total Contribution Margin for the year is | Answer 3Choose...40%24,000 units$300,00040,000 units15,000 units37.5%$3,200,00020%30,000 units$3,500,000$1,300,00031,597 units$30$250,000$20$1,500,00010,000 units60,000 units |
The break-even point in dollar is | Answer 4Choose...40%24,000 units$300,00040,000 units15,000 units37.5%$3,200,00020%30,000 units$3,500,000$1,300,00031,597 units$30$250,000$20$1,500,00010,000 units60,000 units |
Contribution Margin ratio is | Answer 5Choose...40%24,000 units$300,00040,000 units15,000 units37.5%$3,200,00020%30,000 units$3,500,000$1,300,00031,597 units$30$250,000$20$1,500,00010,000 units60,000 units |
Compute a new break-even point in units if the the unit sales price is increased 10%.
| Answer 6Choose...40%24,000 units$300,00040,000 units15,000 units37.5%$3,200,00020%30,000 units$3,500,000$1,300,00031,597 units$30$250,000$20$1,500,00010,000 units60,000 units |
What is the total sale in units to earn a profit of $600,000? | Answer 7Choose...40%24,000 units$300,00040,000 units15,000 units37.5%$3,200,00020%30,000 units$3,500,000$1,300,00031,597 units$30$250,000$20$1,500,00010,000 units60,000 units |
Net income for the year 2015 is
| Answer 8Choose...40%24,000 units$300,00040,000 units15,000 units37.5%$3,200,00020%30,000 units$3,500,000$1,300,00031,597 units$30$250,000$20$1,500,00010,000 units60,000 units |
How many units must be sold to break even? | Answer 9Choose...40%24,000 units$300,00040,000 units15,000 units37.5%$3,200,00020%30,000 units$3,500,000$1,300,00031,597 units$30$250,000$20$1,500,00010,000 units60,000 units |
The margin of Safety in units |
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