Please do not provide answer in image formate , thank you. Managerial Midterm (Computational) i1100:22:52The sales and cost data for two companies in the transportation industry are as follows:Multiple ChoiceSalesVariable costsContribution marginFixed costsOperating income (¹)The annual breakeven point in sales dollars for X Company is:O$103,982.$91,125.$64,125.$111,894.X Company$92,782Amount$ 138,00082,80055,20036,450$ 18,750Percent100.0060.0040.00Y CompanyAmount$ 138,00041,40096,60072,500$ 24,100Percent100.0030.0070.00SavedHelpSave & ExitSubmit

Lets understand the basics. Break even point is a point at which no profit no loss condition arise.…

11 00:22:52) The sales and cost date for two companies in the transportation industry are as follows: X Company Amount $ 138,000 82,800 55,200 Fixed costs 36,450 Operating income (ng) $ 18,750 The annual breakeven point in sales dollars for X Company is: Sales Variable costs Contribution margin Multiple Choice $103.982 $91,125 $64,125. $111,894 $92,782 Percent 100.00 60.00 40.00 Y Company Amount $ 138,000 41,400 96,600 72,500 $ 24,100 Percent 100.00 30.00 70.00

11 00:22:52) The sales and cost date for two companies in the transportation industry are as follows: X Company Amount $ 138,000 82,800 55,200 Fixed costs 36,450 Operating income (ng) $ 18,750 The annual breakeven point in sales dollars for X Company is: Sales Variable costs Contribution margin Multiple Choice $103.982 $91,125 $64,125. $111,894 $92,782 Percent 100.00 60.00 40.00 Y Company Amount $ 138,000 41,400 96,600 72,500 $ 24,100 Percent 100.00 30.00 70.00

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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