Question: Assume the following information: Variable cost ratio 65% Total fixed costs $ 85,400 What volume of sales dollars is needed to break even (Round to

Assume the following information:

Variable cost ratio 65%

Total fixed costs $ 85,400

What volume of sales dollars is needed to break even (Round to the nearest dollar if necessary)?

Group of answer choices

A. $189,778

B. $244,000

C. $342,000

D. $131,385

Variances will arise if actual outcomes are different from the expected or budgeted outcomes. For a direct labor efficiency variance, the variance could occur when:

Group of answer choices

A. direct labor workers were inexperienced, and used more materials than expected.

B. the wages paid to employees were higher than expected due to the increase in the minimum wage rate forced by the state government.

C. the number of hours it takes employees to complete each unit of product was less than the standard time allowed.

D. the suppliers price increased due to inflation.

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!

What are the three major types of product costs in a manufacturing company?

During the most recent period, Pelham Company had the following data: Units in beginning inventory ........ Units produced Units sold ........ 2,000 units 13,000 units 12,000 units Costs per unit:...

During the most recent year, Judson Company had the following data associated with the product it makes: Units in beginning inventory. Units produced Units sold 3,000 units 15,000 units 12,500 units...

1. Assume the following information: Variable cost ratio 65% Total fixed costs $ 85,400 What volume of sales dollars is needed to break even (Round to the nearest dollar if necessary)? A) $244,000 B)...

Assume the following information: Variable cost ratio 65% Total fixed costs $ 85,400 What volume of sales dollars is needed to break even (Round to the nearest dollar if necessary)? O $342,000...

Assume the following information: Variable cost ratio 65% Total fixed costs $ 85,400 What volume of sales dollars is needed to break even (Round to the nearest dollar if necessary)? $131,385 $342,000...

Assume the following information: Variable cost ratio 80% Total fixed costs $60,000 What volume of sales dollars is needed to break even? O $75,000 $300,000 $48.000 $12.000

Assume the following information: Variable cost ratio 80% Total fixed costs P60,000 What volume of sales peso is needed to break even?

Assume the following information: Variable cost ratio 75% Total fixed costs $75,000 What volume of sales dollars is needed to break-even

Question 50 Not yet answered Assume the following information: Variable cost ratio Total fixed costs Oa. $160,000 Ob. $320,000 OC. $12,000 Od. $40,000 MY GRADES 50% $80,000 Points out of 1 P Flag...

Briefly discuss the cost-volume-profit analysis model and how it is used. Use the attached PDF. APA Citation. 300 words. REVISED PAGES 3 Chapter Three 1 Fundamentals of Cost-Volume-Prot Analysis...

5. The following are the simulated 'H- and 13C-NMR spectral data of 10a-Methyl-1,9,10,10a- tetrahydro-2H-phenanthren-3-one. Please assign each signal to the appropriate Proton(s) and Carbon, using...

Except for aggregate functions ignore null values . B. COUNT C. MIN D. AVG E. SUM

Which of the following is true of the ILP era? Gruppe von Antwortm glichkeiten It is still evolving and involves efforts to deal with threats to the homeland. It began around 1 9 3 0 and lasted until...

1- You put 60% of your money in a stock portfolio that has an expected return of 12.75% and a standard deviation of 32%. You put the rest of you money in a risky bond portfolio that has an expected...

Let V be a vector space, and let U CV be a linear subspace. Define the following relation on V: x ~ y if and only if x y E U 1. Prove this is an equivalence relation. The quotient of V by this...

What is the final temperature of a system if 17.00 g of gold at 90.0C is placed in 17.00 g of water at 23.00 C? The molar heat capacity of gold is 25.41 /(mol - "C) and the heat capacity of water is...

On July 8th, 2013 LVMH purchased 80% of Loro Piana (luxury Italian cashmere brand) for $2.8 billion. The fair value of Loro Pianas identifiable assets and liabilities on that date were as follows:...

The fourth industrial revolution promises to the design, manufacture , and operation of an ever - widening array of material goods in physical space -

OUTCOME 5 Describe the types of worklife benefits employers may provide.

OUTCOME 3 Establish disciplinary policies and differentiate between the two approaches to disciplinary action.

5. As was mentioned in the opening of this chapter, many employees do not know the details of the benefits they receive. Discuss how you would go about designing and implementing a communications...