At a volume of 5,000 units, ABC Company reported sales revenues of $600,000, variable costs of...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
At a volume of 5,000 units, ABC Company reported sales revenues of $600,000, variable costs of $225,000, and fixed costs of $120,000. The company's contribution margin per unit is: Select one: a $17 b.$25. c.$47. d.$55. e an amount other than those given above. At a volume of 5,000 units, ABC Company reported sales revenues of $600,000, variable costs of $225,000, and fixed costs of $120,000. The company's contribution margin per unit is: Select one: a $17 b.$25. c.$47. d.$55. e an amount other than those given above.
Expert Answer:
Related Book For
Finance Applications and Theory
ISBN: 978-0077861681
3rd edition
Authors: Marcia Cornett, Troy Adair
Posted Date:
Students also viewed these accounting questions
-
It is the city's goal to limit the before speaking to a 911 operator to two minutes or less. In the Number of Added Servers line to the left, state the minimum number of servers that must be added to...
-
A client in the 28 percent marginal tax bracket is comparing a municipal bond that offers a 4.5 percent yield to maturity and a similar-risk corporate bond that offers a 6.45 percent yield. Which...
-
A client in the 33 percent marginal tax bracket is comparing a municipal bond that offers a 4.5 percent yield to maturity and a similar risk corporate bond that offers a 6.45 percent yield. Which...
-
What is true about business cycles? Multiple select question. They vary in duration and intensity. They follow an identical pattern. They are made up of alternating rises and declines. "Ups" are...
-
A firm's production function is Q = 5L2/3K1/3 with MPK = (5/3)L2/3K2/3 and MPL = (10/3)L1/3K1/3. a) Does this production function exhibit constant, increasing, or decreasing returns to scale? b) What...
-
Deduce Eq. 11.100 from Eq. 11.99, as follows: (a) Use the Abraham-Lorentz formula to determine the radiation reaction on each end of the dumbbell; add this to the interaction term (Eq. 11.99). (b)...
-
In spring 1989, Michael Jordan and the Chicago Bulls were in Indianapolis, Indiana, to play against the Indiana Pacers. At the same time, Karla Knafel was singing with a band at a hotel in...
-
You want to park your bicycle in a bicycle parking area where bike racks are aligned in a row. There are already N bikes parked there (each bike is attached to exactly one rack, but a rack can have...
-
Write a C program that asks the user to enter the sum and difference of 2 integer numbers. The program will find the 2 numbers and display them as shown below. Input validation: sum plus difference...
-
Calculate Gillian Pool and Spa Supplies average annual compound growth rate of sales and analyze its earnings performance for the past 5 years.
-
How correct is it to affirm that a difficulty in the application of portfolio analysis in the healthcare sector is the selection of dimensions for the development of the portfolio matrix?
-
Stan was asked to create a budget to motivate his sales force to exceed the department's projected sales goals for the year. What kind of budget should he use?
-
Analysis Please explain why the ratio moved over the last three year (numerator bigger; nominator lower; or both, etc) Explain in depth. Pick a ratio that has a pattern from Delta Airlines and...
-
Debt has expected return of 8% and standard deviation of 12%. Equity has expected return of 13% and standard deviation of 20%. The covariance between debt and equity is 0.0072. You have a portfolio...
-
Over the past 5 0 years, the number of hurricanes that have been reported are as follows: 9 times there were 6 hurricanes, 1 3 times there were 8 hurricanes, 1 8 times there were 1 1 hurricanes, and...
-
What should occur in the United States both individually and institutionally, for a positive form of ethnic pluralism to flourish in the 21st century?
-
Based on the below graph, can the Malthusian growth model explain the evolution of population and income per capita in the world up to 1750? Explain GDP Per Capits 6000 5000 4000 3000 2000 1000 500...
-
In a nonmagnetic medium, E = 50 cos (10 9 t 8x) a y + 40 sin (10 9 t 8x) a z V/m find the dielectric constant r and the corresponding H.
-
Show the time line for a $500 cash inflow today, a $605 cash outflow in year 2, and a 10 percent interest rate.
-
You are considering a stock investment in one of two firms (AllDebt, Inc., and AllEquity, Inc.), both of which operate in the same industry and have identical operating income of $12.5 million....
-
Compute the number of dollars that can be bought with two million of each foreign currency units: a. $1 = 20,864 Vietnamese dong b. $1 = 6.300 Venezuelan bolivar fuerte c. $1 = 9.175 South African...
-
Write a MATLAB program to compute the CA-CFAR threshold value. Use a similar approach to that used in the case of a fixed threshold.
-
Starting with Eq. (13.81), show that as \(\mathrm{N}\) is increased so is the over all probability of false alarm. More specifically, prove that \(P_{F A} \approx N P_{f a}\). Equation (13.81) PFA...
-
Design a cylindrical RCS calibration target such that its broadside RCS (cylinder) and end (flat plate) RCS are equal to 10 m2 at f = 9.5 GHz. The RCS for a flat plate of area A is fp = 4f2A2/c2.
Study smarter with the SolutionInn App