View Policies Current Attempt in Progress Sheridan Company produces small lightweight camping trailers with rear kitchen facilities. The company's fixed costs are $850000 per year and its variable costs are 60% of the unit selling price of $16000. How many campers must the company sell to earn a net income of $1740002 O 133 O 107 160 0 142 Attempts: 0 of 1 used Submit Answer Save for Later Last saved 1 second ago. Saved work will be auto-submitted on the due date. Auto- submission can take up to 10 minutes. View Policies Current Attempt in Progress Marigold Corp. has a weighted average unit contribution margin of $40 for its two products, Standard and Supreme. Expected sales for Marigold are 45000 Standard and 65000 Supreme. Fixed expenses are $ 2600000. At the expected sales level, Marigold's net income will be O $(400000). O $0. O $ 4400000. O $ 1800000 Save for Later Attempts: 0 of 1 used Submit Answer View Policies Current Attempt in Progress Sunland Company has two divisions-Standard and Premium. Each division has hundreds of different types of tennis racquets and tennis products. The following information is available: Standard Division Premium Division Total Sales $ 400000 $600000 1000000 $ 330000 390000 Variable costs Contribution margin $ 70000 $ 210000 Total fixed costs 300000 What is the company's weighted average contribution margin ratio? (Round final answer to nearest whole percent) O 10% O 28% 0 4296 O 50% Save for Later Attempts: 0 of 1 used Submit Answer View Policies Current Attempt in Progress Concord Corporation has sales of $2200000, variable costs of $1300000, and fixed costs of $400000. Concord's margin of safety ratio is 0 44% O 60% O 56% O 125% Save for Later Attempts: 0 of 1 used Submit Answer View Policies Current Attempt in Progress Vaughn Manufacturing manufactures a product with a unit variable cost of $ 100 and a unit sales price of $ 178. Fixed manufacturing costs were $ 430000 when 10000 units were produced and sold. The company has a one-time opportunity to sell an additional 1000 units at $ 140 each in a foreign market which would not affect its present sales. If the company has sufficient capacity to produce the additional units, how would acceptance of the special order affect income? O Income would increase by $ 140000. O Income would decrease by $ 3000. O Income would increase by $ 3000. O Income would increase by $ 40000 Save for Later Attempts: 0 of 1 used Submit Answer View Policies Current Attempt in Progress Concord Corporation has inventory on hand with a cost of $ 29500. Its scrap value is $ 38000. The inventory could be sold for $ 88000 if processed further at an additional cost of $ 22000. What should Concord do? Manufacture further and sell it for $88000. O Hold the inventory at its $ 29500 cost. Dispose of the inventory to avoid any further decline in value. O Sell the inventory for $ 38000 scrap value. Seve for Later Attempts: 0 of 1 used Submit Answer View Policies Current Attempt in Progress Bonita Industries is contemplating the replacement of an old machine with a new one. The following information has been gathered: New Machine $ 640000 Price Old Machine $ 180000 114000 10 years -0- -O- Accumulated Depreciation Remaining useful life Useful life Annual operating costs -0- 10 years $ 182600 $ 263000 If the old machine is replaced it can be sold for $ 24000. Which of the following amounts is relevant to the replacement decision? O $ 80400 O $ 66000 O $114000 O $ 180000 Save for Later Attempts: 0 of 1 used Submit Answer View Policies Current Attempt in Progress Sunland Company's cost of goods sold is $ 390000 variable and $ 210000 fixed. The company's selling and administrative expenses are $340000 variable and $ 380000 fixed. If the company's sales revenue is $ 1380000, what is its net income? O $650000 O $60000 O $790000 O $780000 Save for Later Attempts: 0 of 1 used Submit Answer View Policies Current Attempt in Progress In 2022, Sheffield Corp. sold 8000 units at $ 600 each. Unit variable costs were $ 420, and fixed expenses were $ 210000. What was Sheffield's 2022 net income? O $1440000 O $1230000 O $ 4800000 O $3360000 Save for Later Attempts: 0 of 1 used Submit