Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

provide an explanation to the answers please Multiple Choice Questions (MCQS) 1. The following information is given to you as an assistant mahagement accountant: Month

image text in transcribed
provide an explanation to the answers please
Multiple Choice Questions (MCQS) 1. The following information is given to you as an assistant mahagement accountant: Month lanuary February March Quantity 90,000 100,000 110,000 Total Cost 10,000 11,500 12,600 13,200 $ April 125,000 Determine total Fixed cost and Variable Cost per unlt Variable Cost Per Unit Fixed Costs $1,771 $1,822 $1,933 50,09 $0.10 b. $0.11 $0.12 C. $2,000 d. 2. The following monthly data are available for Seasons Company which produces only one product: Total Per Unit $8.00 Variable Cost Fixed Cost Actual Sale $24,000 $85,000 $12.00 How much is the margin of safety for the company? a $14,000 b. $13,000 c $15,000 d. $11,000 3. Jamal sale two products: A and B. The following table provide you information about the products A 200 400 Units Produced and Sold $16 Sales per unit $10 $10.00 Variable Costs per unit $6,00 $12,000 Fixed Costs How much would be for product B the dollar value of sale at break-even point? $9.867 b. $10,000 $13,714 d. $13,104 a. C

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

Computer Accounting With QuickBooks Pro 2010

Authors: Donna UlmerDonna Kay

12th Edition

0077408756, 9780077408756

More Books

Students also viewed these Accounting questions

Question

What is sociology and its nature ?

Answered: 1 week ago

Question

What is liquidation ?

Answered: 1 week ago

Question

Explain the different types of Mergers.

Answered: 1 week ago

Question

What is dividend payout ratio ?

Answered: 1 week ago