Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Robusta Coffee Importers sold 7,000 units in October at a sales price of $50 per unit. The variable cost is $15 per unit. The monthly

image text in transcribedimage text in transcribed

Robusta Coffee Importers sold 7,000 units in October at a sales price of $50 per unit. The variable cost is $15 per unit. The monthly fixed costs are $12,000. What is the operating income earned in October? O A. $350,000 OB. $233,000 OC. $245,000 O D. $105,000 Time Remaining on Delectable Foods produces a gourmet condiment that sells for $16 per unit. Variable cost is $6 per unit, and fixed costs are $6,000 per month. If Delectable expects to sell 2,000 units, compute the margin of safety in dollars. (Round any intermediate calculations up to the next whole unit, and your final answer to the nearest dollar.) C OA. $22,400 OB. $1,400 NE O c. $6,000 C O D. $8,400 DI all

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

Marketing Audit Reports Get An Extensive List Of 130 Marketing Audit Reports

Authors: Jack Chalow

1st Edition

B0BQXYKYZJ, 979-8371063076

More Books

Students also viewed these Accounting questions

Question

8. Explain the contact hypothesis.

Answered: 1 week ago

Question

7. Identify four antecedents that influence intercultural contact.

Answered: 1 week ago