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Question 16 10 Points Joe's Coffee House has the following information available for the month of July: Sales (2500 cups) Variable costs Fixed costs Net
Question 16 10 Points Joe's Coffee House has the following information available for the month of July: Sales (2500 cups) Variable costs Fixed costs Net Income $7500 3250 4000 $ 250 If Joe's sells 500 more cups of coffee per month, net income will: A increase by $850. B increase by $100. increase by $150. increase by $1500. E Increase by $125 000 Bergman Inc. has the following product information available: ... Sales price Variable costs Fixed costs Units sold $12 per unit $4 per unit $15 600 10 400 How many units need to be sold in order to earn a target profit of $150 000? A 25 477 B) 20 700 10 350 18 750 E 1 950 Poole Products Inc. has the following product information available: ... Sales price Variable costs Fixed costs $25 per unit $10 per unit $36 000 What is the break-even point in units? 1029 B 1440 C 2400 D) 5400 E 3600 LMN Manufacturing produces two products Product S and Product W. The following information is available related to each product: Sales price per unit Variable costs per unit Products $25 17 Product W $40 22 Product S accounts for 40% of total product sales and Product W accounts for the rest. LMN's total fixed costs are $24 990. How many total number of products need to be sold in order for the company to break even? A 1922 B 2403 962 1785 E) 3123 LeBlanc Manufacturing has the following product information available: Sales price Variable costs Fixed costs $60 per unit $20 per unit $50 000 ... If LeBlanc is in the 30% tax bracket, how many units need to be sold in order to earn an after-tax target profit of $490 000? A 17 500 B 18 750 @ @ @ W C 19 286 D 9 450 E 13 500 Star Manufacturing has the following product information available: Sales volume 40,000 units Sales price Variable costs Fixed costs Sales Volume $50 per unit $30 per unit $300,0 000 Calculate estimated profit A $300,000 B$400,000 C $500,000 D $600,000 E $700,000 The main focus of managerial accounting is: A decision making. B the preparation of financial statements. C) the preparation of budgets. D documenting cash flows. E none of the above From the following details calculate fixed cost for the month of April using the high/low method: Month Production units Overhead cost $ Jan Feb Mar Apr 40 000 44 000 46 000 50 000 48 000 80 000 84 000 86 000 90 000 88 000 May A $30 000 B $40 000 $50 000 D) $60 000 E None of the above
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