Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Please answer me quickely Mazoon Company's variable costs are 80% of the selling price and its fixed costs are $80,000. To realize profits of ?$20,000

image text in transcribed

Please answer me quickely

Mazoon Company's variable costs are 80% of the selling price and its fixed costs are $80,000. To realize profits of ?$20,000 from sales of 60,000 units, using the CVP equation, what would be the selling price per unit $1.66 a $6.66 .bo $2.08.CO $8.33 do None of the given answers.eo Mazoon Company decided to use the high-low cost estimation method to analyze its mixed costs. During the year 2020, the highest level of activity at peak season was in August (40,500 labor hours for a total cost of $120,400) and the lowest level of activity was in November (13.000 labor hours for a total cost of $79,150). What is the estimated total Pcost for Mazoon Company at an expected operating level of 18,000 lab hours $86,650 a $104,650 b None of the answers given ce $27.000 de $99,775 e o

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

More Books

Students also viewed these Accounting questions

Question

d. What language(s) did they speak?

Answered: 1 week ago