Question
please answer asap:( 20. What is the primary benefit of activity-based costing? Arbitrary allocations of overhead costs More accurate product costing The cost of implementation
please answer asap:( 20. What is the primary benefit of activity-based costing?
Arbitrary allocations of overhead costs
More accurate product costing
The cost of implementation
More cost pools
23. Sales are $400000 and variable costs are $260000. What is the contribution margin ratio?
65%.
Cannot be determined because amounts are not expressed per unit.
54%.
35%.
24. The following information is available for Bramble Corp.:
Sales | $520000 | Total fixed expenses | $150000 | |
Cost of goods sold | 300000 | Total variable expenses | 260000 |
A CVP income statement would report
contribution margin of $260000.
gross profit of $260000.
gross profit of $220000.
contribution margin of $370000.
26. A company desires to sell a sufficient quantity of products to earn a profit of $200000. If the unit sales price is $16, unit variable cost is $12, and total fixed costs are $800000, how many units must be sold to earn net income of $200000?
100000 units
212500 units
425000 units
250000 units
34. Vaughn Manufacturing determines that 61000 pounds of direct materials are needed for production in July. There are 4000 pounds of direct materials on hand at July 1 and the desired ending inventory is 3400 pounds. If the cost per unit of direct materials is $3, what is the budgeted total cost of direct materials purchases?
$181200.
$188400.
$177600.
$184800.
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