Question 23

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Marked out of 2.00

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Variable costs for Abbey, Inc. are 25% of sales. Its selling price is $100 per unit. If Abbey sells one unit more than break-even units, how much will profit increase?

Select one:

a. $100

b. $100

c. $25

d. $75

e. $50

Question 24

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Marked out of 1.50

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Perry Company has provided the following information:

Month Budgeted Sales

March $200,000

April 212,000

May 204,000

June 218,000

July 210,000

In addition, the gross profit rate is 40% and the desired inventory level is 30% of next month's cost of sales.

The purchase budget for june is :

Select one:

a. $494,160

b. $125,760

c. $124,920

d. $129,360

e. $380,040

f. $129,360

g. $163,920