Question
Reb Ltd sells a single product for $39. its management estimates the following revenues and costs for the year 2020: Net sales 650,000 selling expenses
Reb Ltd sells a single product for $39. its management estimates the following revenues and costs for the year 2020:
Net sales | 650,000 | selling expenses - variable | 20,000 |
Direct materials | 85,000 | selling expenses - fixed | 25,000 |
Direct labour | 70,000 | admin expenses - variable | 5,000 |
mfg overhead- variable | 35,000 | admin expenses - fixed | 10,000 |
mfg overhead- fixed | 25,000 |
What is Rebs contribution margin per unit? a)$26.10 , b)29.70 , c)27.60 , d)28.20?
What is Rebs contribution margin ratio? 76.20%, 72.30, 70.80, 66.90?
What is Rebs breakeven point in dollars? a) $89,655 b) 78,740 c) 82,988 d) 84,746
What is Rebs margin of safety in units a) 2,020 b) 2,174 c) 2,128 d) 2,299
What is Rebs operating income a) 375k b) 435k c) 410k d) 400k
What is Rebs operating income if it increases its selling price by 25% and all other factors (including demand) remain constant a) 478,750 b) 622,500 c) 483,750 d) 537,500
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