Question: D Question 8 2 pts Assume that Current Sales are $ 100,000; and Break even in sales dollars is $75,000. What is the Margin of

 D Question 8 2 pts Assume that Current Sales are $
100,000; and Break even in sales dollars is $75,000. What is the

D Question 8 2 pts Assume that Current Sales are $ 100,000; and Break even in sales dollars is $75,000. What is the Margin of Safety ratio? 25% 50% 75% 100% Question 9 2 pts Assume Fixed costs are $10,000; Selling price is $30 and variable costs are $10. What is the break even in units? Give answer to the nearest unit. 500 units 1,000 units 250 units 334 units If Direct Labor is 1 hour per unit at a rate of $25 per hour, what would be the budgeted amount for Direct Labor costs for the year if we expect to use 500 hours in the first six months and 600 hours in the second six months? $55,000 $27,500 $2,200 $25,000 Question 11 2 pts If Variable MOH is $2 per direct labor hour and the fixed MOH(all cash) is $2,500 per month, what is the amount of MOH budgeted for the month if 1,000 Direct Labor hours are budgeted? $2,500 $2,000 $4,500 $5,000

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!