Question: q17 The contribution margin ratio is 60%. If total fixed costs are $22,000, then what is the total cost (S) of producing and selling 60,500

q17

The contribution margin ratio is 60%. If total fixed costs are $22,000, then what is the total cost (S) of producing and selling 60,500 units? The selling price is $4 per unit. O a. None of the given answers b. 96,800 Oc145,200 d. 123,200 O e 220,000

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!

Company XYZ produces and sells scientific calculators. The company is currently producing and selling 10,000 units. At this level, the fixed expenses were $10,500. In order to expand sales, the...

Question 13 The contribution margin ratio is 60%. If total fixed costs are $22,000, then what is the total cost ($) of producing and selling 60,500 units? The selling price is $4 per unit. Not yet...

Please help me with the right option The contribution margin ratio is 60%. If total fixed costs are $22,000, then what is the total cost ($) of producing and selling 60,500 units? The selling price...

The contribution margin ratio is 60%. If total fixed costs are $22,000, then what is the total cost (5) of producing and selling 60,500 units? The selling price is $4 per unit None of the given...

The contribution margin ratio is 60%. If total fixed costs are $22,000, then what is the total cost ($) of producing and selling 60,500 units? The selling price is $4 per unit. a. O 123,200 b. None...

The contribution margin ratio is 60%. If total fixed costs are $22,000, then what is the total cost ($) of producing and selling 60,500 units? The selling price is $4 per unit. a. None of the given...

what is the answer? The contribution margin ratio is 60%. If total fixed costs are $22,000, then what is the total cost ($) of producing and selling 60,500 units? The selling price is $4 per unit. a....

The contribution margin ratio is 60%. If total fixed costs are $22,000, then what is the total cost ($) of producing and selling 60,500 units? The selling price is $4 per unit. 220.000 O b. 145,200...

The contribution margin ratio is 30%. If total fixed costs are $24.000, then what is the total cost of producand 73,205 units? The selling price is $2 per unit. O None of the given answers b. 43.923...

Java Cafes tax rate is 45 percent and the appropriate discount rate is 8 percent. It is considering a project. Each asset class consists only of the project asset and will be terminated at the end of...

Following is selected financial information of Audi Company for the year ended December 31, 2015. A. Audi, Capital, Dec. 31, 2015 . . . . . . . . . $47,000 Net income . . . . . . . . . . . . . . . ....

The earliest personal computer sound chips were very simple single - tone chips that could vary pitch and were used primarily... Group of answer choices . . . to signify errors and notifications . ....

P-1) (100 Pts.) A chemical manufacturing company (CMC) has a contract for the procurement of the neccssaly chemicals from four suppliers. The chemicals purchased from Supplier A are priced at $20...

(Appendices) UNCOLLECTIBLE ACCOUNT EXPENSE: AGING METHOD. Cindy Bagnal, the manager of Cayce Printing Service, has provided you with the following aging schedule for Cayces accounts receivable: Cindy...

(Appendices) EFFECTS OF DISCOUNTS ON SALES AND PURCHASES. Helmkamp Products sells golf clubs and accessories to pro shops. During 19x5, Helmkamp purchased merchandise with a list price of $628,500 on...

(Appendices) Compare and contrast the three major ways economies can be organized. What type of economy exists in the United States? Do you think another type of economy would be better? Explain your...