For a single product, the selling price is $75.00 per unit, variable cost is $45.00 per...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
For a single product, the selling price is $75.00 per unit, variable cost is $45.00 per unit and total fixed costs are $720,000 per year. The profit before tax at a sales level of 24,000 units is: Select one: O a. $720,000 O b. $1,080,000 Oc. Nil. O d. $1,800,000 For a single product, the selling price is $75.00 per unit, variable cost is $45.00 per unit and total fixed costs are $720,000 per year. The profit before tax at a sales level of 24,000 units is: Select one: O a. $720,000 O b. $1,080,000 Oc. Nil. O d. $1,800,000 For a single product, the selling price is $75.00 per unit, variable cost is $45.00 per unit and total fixed costs are $720,000 per year. The profit before tax at a sales level of 24,000 units is: Select one: O a. $720,000 O b. $1,080,000 Oc. Nil. O d. $1,800,000
Expert Answer:
Answer rating: 100% (QA)
The detailed answer for the above question is provided below To ca... View the full answer
Related Book For
Cost Accounting A Managerial Emphasis
ISBN: 978-0133392883
6th Canadian edition
Authors: Horngren, Srikant Datar, George Foster, Madhav Rajan, Christ
Posted Date:
Students also viewed these accounting questions
-
The accountant of Laburnum Ltd is preparing documents for a forthcoming meeting of the budget committee. Currently, variable cost is 40 per cent of selling price and total fixed costs are 40 000 per...
-
1. ABM's breakeven point is 4,000 units at a sales price of P50 per unit, variable cost of P30 per unit, and total fixed costs of P80,000. If ABM sells 500 additional units, by how much will profit...
-
[21] The Assembler uses a Location Counter (LC) to: a) Keep track of the location of both instructions and operands being b) Count the number of symbols on the assembly program. c) Save the Pass...
-
Donna Jamison was recently hired as a financial analyst by Computron Industries, a manufacturer of electronic components. Her first task was to conduct a financial analysis of the firm covering the...
-
Action plan to implement change management model using the Kotter's 8-Step Change Model Action plan to implement change management model Personnel responsible Timeframe
-
Recall, a party served with a request to produce usually must respond within 30 days of service of the request. Further investigate CCP 2031.210-2031.320, which governs responses to requests to...
-
Falling-cylinder viscometer (see Fig. 2C.4) A falling-cylinder viscometer consists of a long vertical cylindrical container (radius R), capped at both ends, with a solid cylindrical slug (radius KR)....
-
a - 1 . Calculate the variance and standard deviation of each stock. a - 2 . Which stock is riskier if held on its own? b . Now calculate the returns in each month of a portfolio that invests an...
-
Landover Corporation is looking for a larger office building to house its expanding operations. It is considering two alternatives. The first is a newly constructed building at a cost of $6 million....
-
11. You work for a U.S.-based company that conducts most of its international business in India and estimate net cash flows next month from India will be $1,000,000USD (assuming that you convert from...
-
eric is considering short selling 15 year zero coupon bonds to eliminate as much risk as possible. He will hold the proceeds from shorting the 15 year zeros in cash. What is the total face value of...
-
The following information is available for ACT230 Company: Beginning inventory First purchase 600 units at $4 900 units at $6 500 units at $7 Second purchase Assume that ACT 230 uses a periodic...
-
3 41 If AT-12 2 and B = [ 0 1 then find AT-BT -1 2 1 ], 1 2 3
-
Create a heatmap with values ( just run the R codes will get it ) . Calculate the minimum, maximum, medium, standard deviation of ALL the correlations, except those correlations which are equal to 1...
-
Blossom Corporation has outstanding 2 , 0 0 0 of $ 1 , 0 0 0 bonds, each convertible into 7 0 shares of $ 1 0 par value common stock. The bonds are converted on December 3 1 , 2 0 2 5 , when the...
-
The Glamour Ltd is one of the leading events management companies in South Africa and has a 30 June year end. One of the most recent event that was hosted by The Glamour Ltd is the Mzansi delicious...
-
A circular concrete shaft liner with Youngs modulus of 3.4 million psi, Poissons ratio of 0.25, unconfined compressive strength 3,500 psi and tensile strength 350 psi is loaded to the verge of...
-
Bill Dundee is the owner and operator of Western Bottling, a bulk soft-drink producer. A single production process yields two bulk soft drinks, Rainbow Dew (the main product) and Resi-Dew (the...
-
A number of terms are listed below: Appraisal costs....... cause-and-effect diagram Conformance quality...... control chart Costs of quality (COQ)..... cumulative average-time learning model Design...
-
All independent variables in a cost function estimated with regression analysis are cost drivers. Do you agree?
-
What is the most common reason for closing or terminating a project? A. addition B. integration C. extinction D. starvation
-
Perform the closing tasks for one of the case studies provided in Appendix C. If you are working on a real team project, create relevant closing documents, such as a final project report and...
-
Find an article or video that provides a good example of closing a project. See the What Went Right? passage for ideas, but find your own unique example. Document your findings in a one-page paper,...
Study smarter with the SolutionInn App