Haras Corporation is a wholesaler that sells a single product. Management has provided the following cost data for two levels of monthly sales volume. The company sells the product for $141.30 per unit. Sale Volume (units) Cost of Sales 6,000 $347,400 Selling and administrative costs $436,800 The best estimate of the total variable cost per unit is: a. $123.40 b. $79.60 c. $57.90 d. $130.70

Haras Corporation is a wholesaler that sells a single product. Management has provided the following cost data for two levels of monthly sales volume. The company sells the product for $141.30 per unit. Sale Volume (units) Cost of Sales 6,000 $347,400 Selling and administrative costs $436,800 The best estimate of the total variable cost per unit is: a. $123.40 b. $79.60 c. $57.90 d. $130.70

Managerial Accounting: The Cornerstone of Business Decision-Making

7th Edition

ISBN:9781337115773

Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Chapter7: Cost-volume-profit Analysis

Section: Chapter Questions

Problem 46E: Lotts Company produces and sells one product. The selling price is 10, and the unit variable cost is...

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West Island distributes a single product. The companys sales and expenses for the month of June are shown. Using the information presented, answer these questions: A. What is the break-even point in units sold and dollar sales? B. What is the total contribution margin at the break-even point? C. If West Island wants to earn a profit of $21,000, how many units would they have to sell? D. Prepare a contribution margin income statement that reflects sales necessary to achieve the target profit.
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Boss Corporation is a wholesaler that sells a single product. Management has provided the following cost data for two levels of monthly sales volume. The company sells the product for $197.80 per unit. Sales Volume (units) Cost of sales Selling and administrative costs 6000 7000 $ 4,86,600 $ 5,67,700 $ 6,12,600 $6,24,400 The best estimate of the total monthly fixed cost is: A. $541,800. B. $1,192,100. C. $1,099,200. D. $1,145,650.
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Question:- Cost Account Haras Corporation is a wholesaler that sells a single product. Management has provided the following cost data for two levels of monthly sales volume. The company sells the product for $141.30 per unit. Sale Volume (units) Cost of Sales 6,000 $ 3,47,400 Selling and administrative costs $ 4,36,800 The best estimate of the total variable cost per unit is: a. $123.40 b. $79.60 c. $57.90 d. $130.70
lacob Corporation is a wholesaler that sells a single product. Management has provided the following cost data for two levels of monthly sales volume. The company sells the product for $153.00 per unit. Sales volume (units) Cost of sales Selling and administrative costs The best estimate of the total contribution margin when 13,360 units are sold is: Multiple Choice O O $755,310 $641,280 $338,770 $430,850 12,400 $ 954,800 $ 688,000 13,590 $ 1,046,430 $ 721,320
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Bacob Corporation is a wholesaler that sells a single product. Management has provided the following cost data for two levels of monthly sales volume. The company sells the product for $103.40 per unit. Sales volume (units) Cost of sales Selling and administrative costs O $213,590 The best estimate of the total contribution margin when 5,300 units are sold is: O $41,340 O $133,560 5,000 $315,500 $ 162,500 $56,710 6,000 $378,600 $177,600
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