Question: A product sells for $30 per unit and has variable costs of $16.50 per unit. The foxed costs are $891000. If the variable costs per

costs per unit were to decrease to $15 30 per unit fixed

A product sells for $30 per unit and has variable costs of $16.50 per unit. The foxed costs are $891000. If the variable costs per unit were to decrease to $15 30 per unit fixed costs increase to $970.200, and the selling price does not change break even point in units would O Increase by 21705 Not change increase by 2540 6000 O Decrease by 2005 A manufacturer reports the following information below for its first three years in operation Income under variable costing Beginning inventory (units) Ending inventory (units) Fixed manufacturing overhead per unit Year 1 Year 2 Year 3 $76,000 $109,000 $115,000 800 500 800 500 $ 8.00 $ 8.00 $ 8.00 Income for year 3-year period using absorption costing is: ncome for year 3-year period using absorption costing is: Multiple Choice $280.000. $310,000. $300,000. $305,000. $308.000

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

A product sells for $30 per unit and has variable costs of $16.50 per unit. The fixed costs are $891,000. If the variable costs per unit were to decrease to $15.30 per unit and fixed costs increase...

A product sells for $30 per unit and has variable costs of $16.50 per unit. The fixed costs are $999,000. If the variable costs per unit were to decrease to $13.80 per unit and fixed costs increase...

A product sells for $30 per unit and has variable costs of $16.50 per unit. The fixed costs are $891,000. If the variable costs per unit were to decrease to $15.30 per unit, fixed costs increase to...

QUESTION 4 Watson Company has monthly fixed costs of $83,000 and a 40% contribution margin ratio. If the company has set a target monthly income of $15,000, what dollar amount of sales must be made...

A product sells for $30 per unit and has variable costs of $17.00 per unit. The fixed costs are $832,000. If the variable costs per unit were to decrease to $15.20 per unit and fixed costs increase...

The following information is available for a company's utility cost for operating its machines over the last four months. Month January February March April Machine hours 1,030 1,930 2,660 730...

A product sells for $30 per unit and has variable costs of $15.50 per unit. The fixed costs are $1,015,000. If the variable costs per unit were to decrease to $14.60 per unit, fixed costs increase to...

16 A product sells for $30 per unit and has variable costs of $18 per unit. The fixed costs are $720,000. If the variable costs per unit were to decrease to $15 per unit while fixed costs and selling...

A product sells for $30 per unit and has variable costs of $18 per unit. The fixed costs are $720,000. If the variable costs per unit were to decrease by $4 per unit, fixed costs increase by...

Visit Hofstedes cultural dimensions website at https://www.hofstede-insights.com/models/national-culture/. Pick two countries and compare them with the United States on the cultural dimensions. How...

Students who graduated from college in 2010 owed an average of $25,250 in student loans (New York Times, November 2, 2011). An economist wants to determine if average debt has changed. She takes a...

8. It is given that P = {x: x is a multiple of 8 such that 0

give rationale why mann whitney test best statistical test for this case : Do significant differences exist between husbands and wives regarding holiday depression? There is an ordinal measure of...

Discuss how business practices such as outsourcing and offshoring affect business communication. (Objective 1)

The company for which you work has offered you two tickets to a sold-out event (e.g., a concert, an NFL game). Two of your friends know you have the tickets; each wants to be the person you invite to...

Ethics. Picture yourself as the author of the Ask Andy column in your company newsletter. This month, you receive a letter from Edna, who writes, Im tired of all the office politics here. I think...