Nizwa Co. has the following information available for December 2019: Unit selling price of a TV unit OMR 2,000 Unit variable costs OMR 500 Total fixed costs OMR 240,000 Units sold 400 The contribution margin per unit is: Select one: O a. 240,000 b. 600,000 c. 1,500 d. None of the answers are correct e. 360,000

Nizwa Co. has the following information available for December 2019: Unit selling price of a TV unit OMR 2,000 Unit variable costs OMR 500 Total fixed costs OMR 240,000 Units sold 400 The contribution margin per unit is: Select one: O a. 240,000 b. 600,000 c. 1,500 d. None of the answers are correct e. 360,000

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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The contribution margin ratio is 60%. If total fixed costs are $22,0000, then what is the total cost ($) of producing and selling 60,500 units? The selling price is $4 per unit. O a. 123,200 O b. 145,200 O c. 96,800 O d. None of the given answers O e. 220,00O US PAGE NEXT PAGE 14:09 O a d0 ENG 15-04-2021 re to search W to i prt sc delete home end 96 & + backspace num 3 8 9 lock V. E R T U 8 A home D F J K L enter L. pause B N M ↑ shift 1 1 end alt ctrl
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Answer with formulas and to be very soon
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