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please help me solve these 2 multiple choice questions Given Break-even point in units = 1,000 units Current sales in units = 1,200 units Contribution
please help me solve these 2 multiple choice questions
Given Break-even point in units = 1,000 units Current sales in units = 1,200 units Contribution margin per unit = $100 What is the current net income? Select one: O not enough information is given to answer this question 0 $100,000 0 $20,000 O $120,000 ABC has an accounts receivable on December 31, 2021, of $10,000. If 80% of credit sales are collected in the month of sale and the remaining 20 % of credit sales are collected in the month following the sale what were the total credit sales in December? Select one: O $50,000 O $8,000 O $12,500 0 $2,000Step by Step Solution
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