Answered step by step
Verified Expert Solution
Question
1 Approved Answer
The first pictures contain the explanation of the question, and then in the second and third pictures there are options Jerusalem Industrial Company presents the
The first pictures contain the explanation of the question, and then in the second and third pictures there are options
Jerusalem Industrial Company presents the following information for the year 2015: Sales in units 50,000 units; Selling price per unit $50; Variable cost per unit $30; Total fixed cost $900,000. Match between the question and the appropriate answer. The margin of Safety ratio Choose... What is the total sale in units to earn a Choose... > profit of $600,000? How many units must be sold to break Choose... even? The margin of Safety in units Choose... Contribution Margin ratio is Choose... The total Contribution Margin for the Choose... year is The Contribution Margin per unit is Choose... The break-even point in dollar is Choose... Compute a new break-even point in units if the the unit sales price is Choose... increased 10%. Net income for the year 2015 is Choose... 36,000 units 10% 45,000 units $1,500,000 $3,200,000 $20 $2,250,000 40,000 units 40% $30 75,000 units 37.5% $300,000 60,000 units 5,000 units O 10,000 units $1,000,000 $100,000 TILVIU Pay INCAL PageStep 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