Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Please answer the questions with calculation steps 8. Canada Compary has a product with a seling proe per unit of $200, the unit veriable cost

Please answer the questions with calculation steps
image text in transcribed
8. Canada Compary has a product with a seling proe per unit of $200, the unit veriable cost is $110, and the total monthly fored costs are $300,000. How rach is Canadals contribution maryin ratio? c. 45% (200110)200=45% 182% 9. Chung. Inc: sells 100,000 wrenches for $24 per unili. Fixed costs are $700,000 and net income is $00,000. What ohould be reported as variobie expenses in the CVP income staternent? a. $1,000,000 b. $1,209,000 c. $1,900,000 (d) (31,700,000 10. Bolton Industries had actual sales of $1,000,000 when treakeven sales were 5600,050 . What is the mgrain of safety ratio? (a) 40% b. 33% 60% d. 67%

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

Lean Auditing Driving Added Value And Efficiency In Internal Audit

Authors: James C. Paterson

1st Edition

1118896882, 978-1118896884

More Books

Students also viewed these Accounting questions

Question

What is an AWS Region?

Answered: 1 week ago

Question

1. Identify six different types of history.

Answered: 1 week ago

Question

2. Define the grand narrative.

Answered: 1 week ago

Question

4. Describe the role of narratives in constructing history.

Answered: 1 week ago