A manufacturer of tiling grout has supplied the following data: Kilograms produced and sold. Sales revenue........... Variable manufacturing expense.. Fixed manufacturing expense. Variable selling and administrative expense. Fixed selling and administrative expense Net operating income......... ********* ****** *************** ********** ************* **** 380,000 $2,736,000 $1,349,000 $336,000 $399,000 $372,000 $280,000 The company's break-even in unit sales is dosest to: A. 272,308 B. 98,333 C.02.055

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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A manufacturer of tiling grout has supplied the following data:
Kilograms produced and sold.
Sales revenue...
Variable manufacturing expense..
Fixed manufacturing expense....
Variable selling and administrative expense.
Fixed selling and administrative expense.
Net operating income.
380,000
$2,736,000
$1,349,000
$336,000
$399,000
$372,000
$280,000
The company's break-even in unit sales is dosest to:
A. 272,308
B. 98,333
C. 92,055
D. 60,488
The company's contribution margin ratio is dosest to:
A. 28.9%
B. 63.9%
C. 71.1%
D. 36.1%
Transcribed Image Text:A manufacturer of tiling grout has supplied the following data: Kilograms produced and sold. Sales revenue... Variable manufacturing expense.. Fixed manufacturing expense.... Variable selling and administrative expense. Fixed selling and administrative expense. Net operating income. 380,000 $2,736,000 $1,349,000 $336,000 $399,000 $372,000 $280,000 The company's break-even in unit sales is dosest to: A. 272,308 B. 98,333 C. 92,055 D. 60,488 The company's contribution margin ratio is dosest to: A. 28.9% B. 63.9% C. 71.1% D. 36.1%
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