Question
Please, Can you answer the following 3 questions. 1. Winners Games reported sales of $72,000 and net income totaling $12,000 during the year. Its selling
Please, Can you answer the following 3 questions. 1. Winners Games reported sales of $72,000 and net income totaling $12,000 during the year. Its selling price is $6 per unit, its variable cost is $2 per unit, and its total fixed costs are $36,000. How much is the projected margin of safety? a. $54,000 b. $66,000 c. $12,000 d. $18,000 2. What is a relevant cost? a. It is a sunk cost. b. It is a past cost. c. It is a cost that differ across alternatives. d. It is an opportunity cost. 3. True or False 1. A sunk cost is the potential benefit that may be obtained by following an alternative course of action.
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