Question: Fixed costs equal $12,000, unit contribution margin equals $20, and the number of units sold oqual 1,600. Operating income is

Fixed costs equal $12,000, unit contribution margin equals $20, and the

Fixed costs equal $12,000, unit contribution margin equals $20, and the number of units sold oqual 1,600. Operating income is

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!

Q:

Fixed costs equal $12,000, the unit contribution margin equals $20, and the number of units sold equals 2,200. Operating income is: [[selectone]] a. $40,000 b. $32,000 c. $12,000 d. $20,000

Q:

1. Kaiser's Kraft Korner sells a single product. 7,000 units were sold resulting in $70,000 of sales revenue, $28,000 of variable costs, and $12,000 of fixed costs. solve: A. Contribution margin per...

Q:

1. Schuppener Company sells its only product for $18 per unit, variable production costs are $6 per unit, and selling and administrative costs are $3 per unit. Fixed costs for 10,000 units are...

Q:

Question 31 Cost-volume-profit analysis assumes all of the following EXCEPT: O total variable costs remain the same over the relevant range O all costs are variable or fixed O total fixed costs...

Q:

Please help answer some multi-choice :) Question 24 Sales total $400,000 when variable costs total $300,000 and fixed costs total $50,000. The breakeven point in sales dollars is C $170,000 C...

Q:

What is the breakeven point in units, assuming a product's selling price is $100, fixed costs are $16,000, unit variable costs are $20, and operating income is $5,200 Select one: a. 100 units b. 300...

Q:

1.The first job by a new employee averages 70 minutes and the second job averages 25.2 minutes. What is the learning curve percentage, assuming the cumulative average-time method? 2.Sparkle jewelry...

Q:

1.The first job by a new employee averages 70 minutes and the second job averages 25.2 minutes. What is the learning curve percentage, assuming the cumulative average-time method? 2.Sparkle jewelry...

Q:

Fixed costs equal. $16,000, unit contribution margin equals $25, and the number of units sold equal 1,200. Operating income is________. A. $ 16,000 B. $46,000 C. 30,000 D. $14,000

Q:

Fixed costs equal 17000, unit contribution margin equals 25, and the number of units sold equal 1200. Operating income is ________. A.47000 B.30000 C.17000 D.13000

Q:

Solve this system of three equations with three unknowns using EES: x2y - z = 1 x - 3y0.5 + xz = - 2 x + y - z = 2

Q:

An airline transportation consultant offers the CEO of BlueStar, a struggling new commercial airline company, the following advice concerning the airlines high operating costs in the current quarter:...

Q:

1 ) Suppose that Japan pegs the yen to gold at 1 0 0 yens per ounce and that the dollar was pegged to gold at $ 1 0 per ounce. The exchange rate is 1 0 yens / $ . ( 1 0 points ) a . True. b . False

Q:

1 1 point The process of providing goods and services in accord with a plan of action is called strategy formulation. strategy contingency. strategy implementation. strategy control.

Q:

Explain the purpose and uses of performance management, assessment and appraisal

Q:

Should job descriptions be abandoned in recruitment and selection?

Q:

How can recruitment and selection support an organizations diversity strategy?