Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

please help ASAP! Question 6 4 pts Our company sells a product for $150 per unit. Variable costs are $90 per unit and fixed costs

image text in transcribed

image text in transcribed

image text in transcribed

image text in transcribed

image text in transcribed

please help ASAP!

Question 6 4 pts Our company sells a product for $150 per unit. Variable costs are $90 per unit and fixed costs are $18,000. The company expects to sell 800 units this year. What are the required sales in dollars needed to earn a profit of $7,200? $60,000 $63,000 $57.000 $61.500 Question 7 4 pts Our company has reviewed the utilities bills for our company. We have determined that the highest and lowest bills were $5,600 and $3,200 for the months of January and September. If we produced 1.200 and 600 units in these months, what was the variable cost per unit associated with the utilities bill? O $4.67 O $5.33 $4.00 $5.00 Question 8 4 pts Which of the following is true? An increase in sales price per unit decreases the contribution margin per unit. O An increase in sales price per unit increases the number of units required to break even. When the sales price per unit decreases, the breakeven point increases. When the sales price per unit increases, the contribution margin per unit remains the same. Question 9 4 pts Our company sells its product for $60 per unit and has a variable cost of $30 per unit. Total fixed costs equal $20,000. What would be the breakeven point in units if the sales price per unit decreased by $10? 500 667 1,000 1,200 Question 10 4 pts Our company sells its product for $100 per unit and has a variable cost of $40 per unit. Total fixed costs equal $18,000. The breakeven in units is 300, and we expect to sell 250 units. What is the margin of safety in dollars? ($3,000) $3,000 O ($5,000) $5,000

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

Towards A Strategic Human Resource Management Roles Of HR Audit And Org Culture

Authors: Adel Al Samman

1st Edition

3330653051, 978-3330653054

More Books

Students also viewed these Accounting questions

Question

What is the purpose of a living will?

Answered: 1 week ago