Answered step by step
Verified Expert Solution
Question
1 Approved Answer
QUESTION 30 ABC sells its shirts for $50 a piece. If fixed costs are $300,000 and variable costs are $30 per unit, what is break-even
QUESTION 30 ABC sells its shirts for $50 a piece. If fixed costs are $300,000 and variable costs are $30 per unit, what is break-even in sales dollars? $187500 $50,000 $3,000,000 $750,000 QUESTION 31 On a piece of scrap paper prepare a flexible budget for 5,000, 6,000, and 7,000 units of output. Use the following data: Variable costs: direct labor $4.00, direct materials $2.00, and overhead $3.00 Budgeted fixed overhead: $40,000. Total budgeted cost for 7,000 units is $94,000 some other number $103,000 $85,000
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started