Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Last month Dexter Company had a $21,760 loss on sales of $235,000. Fixed costs are $101,660 a month. By how much do sales have to
Last month Dexter Company had a $21,760 loss on sales of $235,000. Fixed costs are $101,660 a month. By how much do sales have to increase for Dexter to break even? Multiple Choice $79,900 $64,000 $123.420 $101,660 Leather Company sold 10,000 units, had variable costs of $11 per unit, fixed costs of $440,000, and profits of $72,600. What is the selling price per unit? Multiple Choice $16.00 $73.26 $51.26 $62.26 Quail, Inc., has a contribution margin of 44% and fixed costs of $135,520. What is the break-even point in sales dollars? Multiple Choice $59,629 $75,891 $308,000 $242.000 At a sales level of 20,000 units, Pony Corp. has sales of $400,000, a variable cost ratio of 60%, and a profit of $40,000. What is the break-even point in units? Multiple Choice 12,000 8,000 15,000 20,000
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered 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