variable expenses - $312.000 2. unit sales - 10,000 3. the contribution margin ratio = 20% 4. net operating income - $10,000 Given these four assumptions, which of the following is true? Multiple Choice The total fixed expenses $62.400 The break even point in sales dollars is $340.000 The total contribution margin-$249.600 The total sales5374,400

variable expenses - $312.000 2. unit sales - 10,000 3. the contribution margin ratio = 20% 4. net operating income - $10,000 Given these four assumptions, which of the following is true? Multiple Choice The total fixed expenses $62.400 The break even point in sales dollars is $340.000 The total contribution margin-$249.600 The total sales5374,400

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

See similar textbooks

Similar questions

Compute for what is being asked1. Unit selling price P800 unit variable cost P350 annual sales volume, 620 units, fixed costs and expenses P200,000 per year. Compute the following.a. Contribution margin per unitb. Contribution margin percentagec. BEP sales volume (units)d. BEP peso salee. Operating income (BIT)using the break even salef. Operating income (EBIT) using the annual sales volume
Kk.1. Subject :- Accounting Assume the following (1) selling price per unit = $30, (2) variable expense per unit = $18, and (3) total fixed expenses = $55,200. Given these three assumptions, the unit sales needed to achieve a target profit of $12,000 is: Multiple Choice 5,600 units. 17,600 units. 84,800 units. 67,200 units.
Assume the following (1) selling price per unit-$25, (2) variable expense per unit = $13, (3) unit sales=2,580, and (4) total fixed expenses = $25,000. Given these four assumptions, net operating income must be: Multiple Choice $8,540. O $39,500. O $27,580 $5.960.
Matamad Inc. Provides you with the following data on its operation for analysis:Unit selling priceP40Variable costs and expenses per unit.P30Fixed cost and expenses per annum.P48,000REQUIRED:a. Contribution margin per unitb. Contribution margin percentagec. BEP sales volume (units)d. BEP peso salese. Peso sales with desired income of P9,000f. Peso sales with desired income P13,000 after 32% income tax
Sales (18,00e units) Variable expenses Contribution margin Fixed expenses $ 368,008 144,e00 216,eee 188,eee $ 36,000 Operating incone Required: Answer each question Independently based on the original data: 1. What is the product's CM ratio? 2 Use the CM ratio to determine the break-even polnt in sales dollars.
Assume the following (1) variable expenses = $294,000, (2) unit sales = 10,000, (3) the contribution margin rotio =25%, ond (4) net operoting income S10,000. Given these four assumptions, which of the following is true? Multiple Cholce The break-even polnt In sales dollars Is $352,000 The total contributlon margin = $220,500 The total sales 5367500 The total fixed expenses= $73,500
If the selling price per unit is $80, the variable expense per unit is $40, and total fixed expenses are $250,000, what are the breakeven sales in dollars? A. $3,125 B. $125,000 c. $500,000 D. $166,667
PE 1. Use the following economic data to answer the numbered questions: Total fixed costs P1.8M Unit selling price P80.00 Unit variable cost P56.00 Indicate the effect on the following by one unit increase in sales volume: 1. Breakeven units Total peso sales 3. Total contribution margin 4. Operating profit 5. Total costs 2.
1. The following data pertains to activity and utility cost for two recent periods:Activity level (units) 8,000 5,000Utility cost $8,000 $6,500Utility cost is a mixed cost with both fixed and variable components. Using the high-lowmethod, the cost formula for utility cost is:A. Y = $1.00 XB. Y = $1.25 XC. Y = $4,000 + $0.50 XD. Y = $1,500 + $1.25 X
Total Sales are 500,000 OMR, Total Variable cost is 150000 OMR. Fixed cost is 200000 OMR Calculate Total profit Select one: O a. 265000 OMR O b. 180000 OMR O c. 150000 OMR O d. 500000 OMR
Consider the following: Fixed expenses P78,000; Unit contribution margin 12;Target net profit 42,000. How many unit sales are required to earn the target net profit? A. 15,000 unitsB. 10,000 unitsC. 12,800 unitsD. 20,000 units
If the selling price per unit is $15, the unit contribution margin is $5, and total fixed expenses are $14,500, what are the breakeven sales in units? A. 966.6667 B. 2,900 C. 72,500 D. 217,500