Question: Help Save & Exit Assume the following (i) variable expenses = $288.000, (2) unit sales = 10,000, (3) the contribution margin ratio = 25%, and

Help Save & Exit Assume the following (i) variable expenses = $288.000, (2) unit sales = 10,000, (3) the contribution margin ratio = 25%, and (4) net operating income = $10,000. Given these four assumptions, which of the following is true? Multiple Choice The total foued expenses = 572,000 The break-even point in sales dollars is 344,000 The total contribution on $216,000 o The $360000

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 developer of video game software has seven proposals for new games. Unfortunately, the company cannot develop all the proposals because its budget for new projects is limited to $950,000 and it has...

Assume the following (1) sales = $200,000, (2) unit sales = 10,000, (3) the contribution margin ratio - 25%, and (4) net operating Income = $10,000. Given these four assumptions, which of the...

Assume the following (1) selling price per unit =$25, (2) variable expense per unit =$13, (3) unit sales =2,190, and (4) total fixed expenses =$25,000. Given these four assumptions, net operating...

Assume the following: variable expenses = $300,000 unit sales = 10,000 the contribution margin ratio = 25% net operating income = $10,000 Given these four assumptions, which of the following is true?...

1.) Assume the following [1] selling price per unit = $25, {2] variable expense per unit = $13. (3] the total xed expenses = $13,800, and (4] net operating in come = $11,400. Given these four...

1.Assume the following: variable expenses = $308,000 unit sales = 10,000 the contribution margin ratio = 20% net operating income = $10,000 Given these four assumptions, which of the following is...

6) Assume the following (1) variable expenses = $288,000, (2) unit sales = 10,000, (3) the contribution margin ratio = 25%, and (4) net operating income = $10,000. Given these four assumptions, which...

COTB MC Qu . 5 - 2 2 ( Algo ) Assume the following... Assume the following: sales = $ 2 0 0 , 0 0 0 unit sales = 1 0 , 0 0 0 the contribution margin ratio = 3 1 % net operating income = $ 1 0 , 0 0 0...

Assume the following: sales = $ 2 0 0 , 0 0 0 unit sales = 1 0 , 0 0 0 the contribution margin ratio = 3 2 % net operating income = $ 1 0 , 0 0 0 Given these four assumptions, which of the following...

Assume the following: sales = $200,000 unit sales = 10,000 the contribution margin ratio = 39% net operating income = $10,000 Given these four assumptions, which of the following is true? Multiple...

Assume the following: sales = $200,000 unit sales = 10,000 the contribution margin ratio = 29% net operating income = $10,000 Given these four assumptions, which of the following is true? The total...

Explain the major differences between private and public warehouses. How do they differ from a distribution center?

Assign oxidation numbers to the atoms in each substance. a. Kr (krypton) b. krypton tetrafluoride (KrF4) c. dioxygen difluoride (O2F2)

Evaluate C ( x y ) d s where C is the straight - line segment x = 4 t , y = ( 4 - 4 t ) , z = 0 from ( 0 , 4 , 0 ) to ( 4 , 0 , 0 ) . C ( x y ) d s = 0 ( Type an exact answer. )

Show that if [9] = {1, 2, ..., 9} is partitioned into two classes then x1 +x2 + 1 = x3 is solvable in one class.

Consider the following second-order ODE: * - (1-z') 4 + z = 0, t= [0, , z(t = 0) = #(t= 0) = 1 %3D %3D %3D Determine y(x) at the given domain x using: (a) Euler's method with step size h = 0.1 (b)...

Give the major product of the following reactions with the appropriate stereochemistry and regiochemistry: m. CH3 1. Hg(OAc)2, CH3 H3C 2. NaBH4 n. -CH3 Pd/C, D2 H3C CH3 1. CpRu(CH3CN);PF6,...

KIC, Inc., plans to issue $8 million of bonds with a coupon rate of 11 percent and 20 years to maturity. The current market interest rates on these bonds are 10 percent. In one year, the interest...

When considering the lifetime cost of some nonfood expense items operators should compute these costs (three examples) What are the primary advantages and disadvantages of purchasing used nonfood...

What is the relationship between smoke-free workplaces and the Patient Protection and Affordable Care Act?

What is the purpose of a customized benefits plan?

What are topics included within employee services?