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Please help!!! Johnson Company has the following Income Statement for the year ending 2019: Sales (50,000 units) $250,000 Variable cost of goods sold 100,000 Variable

Please help!!!

Johnson Company has the following Income Statement for the year ending 2019:

Sales (50,000 units)

$250,000

Variable cost of goods sold

100,000

Variable selling and administrative costs

50,000

Fixed cost of goods sold

50,000

Fixed selling and administrative costs

25,000

What was Johnson Companys breakeven point in total sales dollars?

Select one:

a. $187,500

b. $125,000

c. $25,000

d. $75,000

A Net Present Value (NPV) of zero means that:

Select one:

a. the internal rate of return is equal to the discount rate.

b. the internal rate of return is zero.

c. a project is not acceptable.

d. cash outflows over the life of the project exceed cash inflows.

A flexible budget is prepared using the standard costs allowed for the:

Select one:

a. optimum level of activity.

b. planned level of activity.

c. average level of activity of competitors.

d. actual level of activity experienced.

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