Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 03, 2024

Please help (9) Based on a predicted level of production and sales of 32,000 units, a company anticipates total contribution margin of $128,000, fixed costs

Please help (9)
Based on a predicted level of production and sales of 32,000 units, a company anticipates total contribution margin of $128,000, fixed costs of $32,000, and income of $96,000. Based on this information, the budgeted income for 30,000 units would be: Multiple Choice $96,000. $61,867. $128,000. vould be: Muttiple Cholce $96.000 $51.857. $128,000 $98,000 $160,000

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

Recommended Textbook for

Principles Of Auditing

Authors: O. Ray Whittington, Kurt Pany, Walter B. Meigs

12th Edition

0256167796, 978-0256167795

More Books

Students also viewed these Accounting questions

Question

★★★★★

The City of Laramee established a tax agency fund to collect property taxes for the City of Laramee, Bloomer County, and Bloomer School District. Total tax levies of the three governmental units were...

Answered: 1 week ago

Question

★★★★★

9.23 Healthy Eating Canadians are becoming more conscious about the importance of good nutrition, and some researchers believe we may be altering our diets to include less red meat and more fruits...

Answered: 1 week ago

Question

★★★★★

It has been reported that the average visitor from Japan spent $3120 during a trip to the United States, while the average for a visitor from the United Kingdom was $2654. Assuming that file XR11029...

Answered: 1 week ago

Question

★★★★★

Because of slight, natural variation in the manufacturing equipment, the amount of caffeine in Umbrella Corporation's new energy drink is actually a normal random variable with a mean of 80mg and a...

Answered: 1 week ago

Question

★★★★★

For the product range expansion project: to develop the work breakdown structure, you must research the typical steps involved with market research and establishing collaborative relationships,...

Answered: 1 week ago

Question

★★★★★

Renaldo's Bakery makes bread for the local restaurants. Gennaro's job is to inspect the bread for defects, including size, holes, slice width, hardness, and softness. Each loaf of bread could have as...

Answered: 1 week ago

Question

★★★★★

An archer wants to test the speed of his shot (arrow) using limited sources. During the experiment, he hits a solid ball made up of clay soil having mass 0.4 kg kept at a height of 80 m on the...

Answered: 1 week ago

Question

★★★★★

The term (2 points) refers to a broad range of tools and activities used to explore big data in order to make forecasting models that will inform decision-making. a) Information system b) Knowledge...

Answered: 1 week ago

Question

★★★★★

Jim decided to sell his business because he wanted to retire. Through their lawyers, Mike agreed to buy Jim's business for $500,000. A certified cheque was specified as the method of payment for the...

Answered: 1 week ago

Question

★★★★★

(Appendices) Many employers have both group short-term and long-term disability-income plans. Compare (1) short-term plans with (2) long-term plans with respect to each of the following: LO8 a....

Answered: 1 week ago

Question

★★★★★

(Appendices) The Unemployment Insurance Modernization Act was included in the fiscal stimulus package of early 2009. The act was designed to modernize and make corrections to serious defects found in...

Answered: 1 week ago

Question

★★★★★

(Appendices) Although eligibility requirements for unemployment compensation vary among the states, there are a number of common eligibility requirements. Assume that a worker meets the qualifying...

Answered: 1 week ago

Previous Question Next Question