Question
Please answer the below questions for financial and managerial accounting ASAP. Thanks If the selling price per unit is $32, the variable expense per unit
Please answer the below questions for financial and managerial accounting ASAP. Thanks
If the selling price per unit is $32, the variable expense per unit is $19.50, and the breakeven sales in dollars is $44,800, what are total fixed expenses?
A. $1,400
B. $112
C. $17,500
D. $28,718
The selling price of a particular product is $38.00 per unit, fixed costs total $175,000, and the breakeven sales in dollars is $875,000, what will the variable expense per unit be?
A. $45.60
B. $7.60
C. $152.00
D. $30.40
Prince Paper has budgeted the following amounts for its next fiscal year:
Total fixed expenses | $500,000 |
Selling price per unit | $75 |
Variable expenses per unit | $25 |
If Price Paper spends an additional $12,500 on advertising, sales volume should increase by 2,300 units. What effect will this have on operating income?
A. Decrease of $102,500
B. Decrease of $115,000
C. Increase of $115,000
D . Increase of $102,500
Moe's Garage management has budgeted the following amounts for its next fiscal year:
Total fixed expenses | $500,000 |
Selling price per unit | $45 |
Variable expenses per unit | $25 |
If Moe's can reduce fixed expenses by $20,000, by how much can variable expenses per unit increase and still allow the company to maintain the original breakeven sales in units?
A. $20.00
B. $25.80
C. $0.80
D. $19.20
Jackie's Snacks sells fudge, caramels, and popcorn. It sold 12,000 units last year. Popcorn outsold fudge by a ratio of 2 to 1 . Sales of caramels were the same as sales of popcorn. Fixed costs for Jackie's Snacks are $14,000. Additional information follows:
Product | Unit Sales Prices | Unit Variable Cost |
Fudge | $5.00 | $4.00 |
Caramels | $8.00 | $5.00 |
Popcorn | $6.00 | $4.50 |
The sales mix percentage of caramel corn based upon units is
A. 75%.
B. 20%.
C. 44%.
D. 40%.
| |
| |
|
Raymond Corporation has an ROI of 31%, total assets of $6,300,000, and current liabilities of $820,000. What is Raymond Corporation's operating income?
A. $25,200
B. $1,953,000
C. $20,322,581
D. $2,645,161
Golden Corporation has operating income of $336,000, a sales margin of 16%, and capital turnover of 3.0. The return on investment (ROI) for Golden Corporation would be closest to
A. 48%.
B. 160%.
C. 5%.
D. 2%.
A manager can increase return on investment (ROI) by doing which of the following?
A. Decrease sales
B. Increase operating assets
C. Decrease operating expenses
D. Increase operating expenses
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored 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