Assume the following (1) sales = $200,000, (2) unit sales = 10,000, (3) the contribution margin ratio = 41%, and (4) net operating income = $10,000. Given these four assumptions, which of the following is true? Multiple Choice The total fixed expenses = $118,000 ○ The variable expense per unit = $8.20 ○ The total contribution margin = $82,000

Q: Projected Sales: 25,000 Average Sales Price per Unit: Average Variable Cost per Unit: 56.00 $ 38.00…

A: Profit is the revenue that is generated by the company after paying all its costs, that includes…

Q: If sales are $22,000, variable costs are $8,000, and fixed costs are $2,500, the contribution margin…

A: Contribution margin = sales - variable costs  = $22000 - $8000 = $14000

Q: Assume the following: 1. variable expenses = $294,000 2. unit sales = 10,000 3. the contribution…

A: Break-even point is the point of production where total cost is equal to total revenue. Break-even…

Q: Variable cost as a percentage of sales = 60% Unit variable cost = $30 Fixed costs = $200,000 What…

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Q: If fixed costs are $1,472,000, the unit selling price is $236, and the unit variable costs are $110,…

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Q: What is the breakeven sales in dollars if : Total sales, $120,000; Total variable cost, $ 48,000;…

A: Contribution margin  = Total sales - Total variable cost = 120,000 - 48,000 = $72,000

Q: Using the variable cost concept, determine the selling price for 28,400 units using the following…

A: Variable cost means the cost which vary with the level of output. Fixed cost remain fixed whatever…

Q: Given: The calculated variable cost per unit of $1.6 High Level of activity is: 1,474 units and…

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Q: sales are $500,000, variable costs are $200,000, and fixed costs are $240,000, what is the…

A: MARGINAL COSTING INCOME STATEMENTMarginal Costing Income Statement is One of the Important Cost…

Q: If sales are $797,000, variable costs are 80% of sales, and operating income is $201,000, what is…

A: Contribution margin is computed by subtracting the variable costs  from sales. Contribution margin…

Q: Find the contribution profit margin based on the following information: cash fixed costs = $60,000;…

A: Sales = $100,000 Fixed cost = $60,000 Variable cost = $70,000   To calculate the contribution margin…

Q: Sheridan Corp. had total variable costs of $148,2 (a1) Calculate contribution margin ratio.…

A: The contribution margin is calculated as the difference between the sales and variable costs. The…

Q: Assume the following information: Sales Variable expenses Contribution margin Fixed expenses Net…

A: The measurement of net operating income (NOI) is used to assess the viability of income-generating…

Q: If the selling price per unit is $50, the variable expense per unit is $20, and total fixed expenses…

A: Contribution margin ratio = Contribution margin / Selling price = ($50 - $20) / $50 = 60%

Q: fixed costs are $613,000 and the unit contribution margin is $6.00, the break-even point in units if…

A: Solution: Breakeven point in units = Fixed costs / Contribution margin per unit New contribution…

Q: Assume the following information: Sales Variable expenses Contribution margin Fixed expenses Net…

A: Margin of safety is the difference between total sales revenue and break-even sales revenue. Break…

Q: 1. Determine the total variable costs and the total fixed costs for the current year. Total variable…

A: As per the guideline three subpart has been solved which are interlinked. Variable cost is the cost…

Q: If fixed costs are $1,252,000, the unit selling price is $225, and the unit variable costs are $106,…

A: Operating income: Operating income refers to the income generated from the operation of  business,…

Q: Assume the following (1) total sales = $200,000 (2) breakeven sales = $120,000, and (3) total fixed…

A: The break-even sales are the sales where the business earns no profit or loss during the period. The…

Q: If fixed costs are $1,289,000, the unit selling price is $226, and the unit variable costs are $110,…

A: Break-even analysis is a technique widely used by the production department. It helps to determine…

Q: Current operating income for Bay Area Cycles Company is $26,000. Selling price per unit is $100, the…

A: Contribution margin is defined as the excess of the selling price over the variable cost incurred in…

Q: • Use the below information to fill out the income statement and answer the questions 4-10 below:…

A: Net income is the amount of profit or loss which is computed by deducting the costs from the total…

Q: Which of the following is a variable cost? O Acost that is $26,000 when production is 65,000, and…

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Q: Assume the following (1) sales = $200,000, (2) unit sales = 10,000, (3) the contribution margin…

A: The question is based on the concept of Cost Accounting.

Q: Assume the following (1) variable expenses $308,000, (2) unit sales = 10,000, (3) the contribution…

A: The contribution margin is calculated as the difference between the sales and variable costs. The…

Q: Assume the following information: Sales Variable expenses Contribution margin Fixed expenses Net…

A: Cost volume profit analysis is the technique used by management for decision-making. The methods…

Q: Target profit is $100,000; fix costs are $120,000 and fixe administrative costs are $50 variable…

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Q: Assume the following (1) selling price per unit = $30, (2) variable expense per unit = $18, and (3)…

A: MARGINAL COSTING INCOME STATEMENTMarginal Costing Income Statement is one of the Important Cost…

Q: If fixed costs are $1,334,000, the unit selling price is $240, and the unit variable costs are $109,…

A: Desired Sales = (Desired Income + Fixed Costs) / (Selling Price - Variable Costs)

Q: For Waterway Industries at a sales volume of 5000 units, sales revenue is $67000, variable costs…

A: The variable costs are the costs that change with the change in the level of production. The…

Q: Assume the following (1) selling price per unit = $30. (2) variable expense per unit = $18, and (3)…

A: MARGINAL COSTING INCOME STATEMENTMarginal Costing Income Statement is one of the Important Cost…

Q: Compute the contribution margin dollars if volume is 200,000 units, price is $10 per unit, and…

A: