Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Trixie Travel sells accommodation packages for bus tours for $1750 each The variable costs per package total $840 and fixed costs total $7 280. 1.

image text in transcribed
image text in transcribed
Trixie Travel sells accommodation packages for bus tours for $1750 each The variable costs per package total $840 and fixed costs total $7 280. 1. The contribution margin per unit is: Choose... 2. The break-even number of sales units is: Choose... 3. The break-even in sales dollars is: Choose... 4. The profit was $10 920. How many extra units above breakeven were sold? Choose... 5. What would the $profit be if we sold 30 units? Choose... 6. How much sales revenue was generated with the sale of 30 units? Choose... 7. If we prepared the contribution margin income statement, what would the total variable costs be for the sale of 30 packages? Choose... - 8. If the fixed costs increased to $14 400 and the variable increased to $850 per package, what would be the new contribution margin per unit? Choose... 9. The margin of safety: Chance 2. The break-even number of sales units is: Choose... - 2. The break-even in sales dollars is: Choose... 4. The profit was $10 920. How many extra units above breakeven were sold? Choose... 5. What would the $profit be if we sold 30 units? Choose... 6. How much sales revenue was generated with the sale of 30 units? Choose... 7. If we prepared the contribution margin income statement, what would the total variable costs be for the sale of 30 packages? Choose... 8. If the fixed costs increased to $14 400 and the variable increased to $850 per package, what would be the new contribution margin per unit? Choose... 9. The margin of safety: Choose... 10. A fixed cost is a cost that: Choose

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

Public Sector Accounting

Authors: Budding, Tjerk, Grossi, Giuseppe, Tagesson, Torbj

1st Edition

0415683149, 9780415683142

More Books

Students also viewed these Accounting questions

Question

How to find if any no. is divisble by 4 or not ?

Answered: 1 week ago