answer explain and give summary for final answer. $10,000.Assume the following (1) sales = $200,000, (2) unit sales = 10,000, (3) thecontribution margin ratio = 42%, and (4) net operating income =Given these four assumptions, which of the following is true?b) The total variable expenses =a) The total fixed expenses = $74,000$84,000c) The total contribution margin = $116,000d) The break-even point is 6,875 units2328

Break even point :— It is the point of production where total cost is equal to total revenue. At…

Answered: Assume the following (1) sales =…

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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Similar questions

Assume the following (1) contribution margin = $150,000 (2) net operating income = $15,000, and (3) sales increase by 6%. Given these three assumptions, net operating income will increase by: Multiple Choice 60%. 1%. 6%. 25%.
Assume the following (1) sales = $200,000, (2) unit sales = 10,000, (3) the contribution margin ratio = 37%, and (4) net operating income = $10,000. Given these four assumptions, which of the following is true? a.) the total fixed expense = $126,000 b.) the break-even point is 8,077 units c.) the variable expense per unit = $7.40 d.) the total contribution margin = $74,000
Assume the following (1) sales = $200,000, (2) unit sales = 10,000, (3) the contribution margin ratio = 37%, and (4) net operating income = $10,000. Given these four assumptions, which of the following is true? Multiple Choice The total fixed expenses = $126,000 The variable expense per unit = $7.40 The total contribution margin = $74,000 The break-even point is 8,077 units
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
Assume the following (1) variable expenses = $286,000, (2) unit sales = 10,000, (3) the contribution margin ratio = 20%, and (4) net operating income = $10,000. Given these four assumptions, which of the following is true? Multiple Choice The total sales = $343,200 The total fixed expenses = $57,200 The break-even point in sales dollars is $307,500 The total contribution margin = $228,800
Assume the following (1) variable expenses = $302,000, (2) unit sales = 10,000, (3) the contribution margin ratio = 20%, and (4) net operating income = $10,000. Given these four assumptions, which of the following is true? Multiple Choice O O The variable expense ratio is 400% The total sales $377,500 The total contribution margin= $241,600 The total fixed expenses $60,400 =
Assume the following (1) variable expenses = $308,000, (2) unit sales = 10,000, (3) the contribution margin ratio = 20 %, and (4) net operating income = $10,000. Given these four assumptions, which of the following is true? Multiple Choice The total contribution margin = $246,400 The break-even point in sales dollars is $335, 000 The total sales = $369,600 The total fixed expenses = $ 61, 600
Assume the following (1) variable expenses = $300,000, (2) unit sales = 10,000, (3) the contribution margin ratio = 20%, and (4) net operating income = $10,000. Given these four assumptions, which of the following is true? Multiple Choice The total fixed expenses = $60,000 The variable expense ratio is 400% The total contribution margin = $240,000 The total sales = $375,000
Assume the following (1) selling price per unit = $25, (2) variable expense per unit = $13, (3) unit sales = 2,640, and (4) total fixed expenses = $25,000. Given these four assumptions, net operating income must be: Multiple Choice $9,320. $6,680. $41,000. $27,640.
ss
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.
Munabhai

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