Question: q3 The contribution margin ratio is 70%. If total fixed costs are $23,000, then what is the total cost ($) of producing and selling 66,550

The contribution margin ratio is 70%. If total fixed costs are $23,000, then what is the total cost ($) of producing and selling 66,550 units? The selling price is $3 per unit. O a 116.755 Ob 139,755 59,895 Od 176,650 None of the given answers

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!

The contribution margin ratio is 70%. If total fixed costs are $23,000, then what is the total cost ($) of producing and selling 66,550 units? The selling price is $3 per unit. Question 21 Not yet...

plz solve Q 29 & 30 fastly Question 29 Not yet answered Marked out of 1.00 Prue question The contribution margin ratio is 70%. If total fixed costs are $23,000, then what is the total cost (S) of...

SQU E-LEARNING SYSTEM (ACADEMIC) elecam.squedu.com/mod/qu Time left 1:58.00 Question 5 Company XYZ is producing and selling 2,500. At this level, the selling price per unit is $10, the variable...

Question 22 The contribution margin ratio is 70%. If total fixed costs are $23,000, then what is the total cost ($) of producing and selling 66,550 units? The selling price is $3 per unit. Note...

cion The contribution margin ratio is 70%. If total fixed costs are $23,000, then what is the total cost ($) of producing and selling 66,550 units? The selling price is $3 per unit. ut of a 176,650...

The contribution margin ratio is 70%. If total fixed costs are $23,000, then what is the total cost ($) of producing and selling 66,550 units? The selling price is $3 per unit. a. None of the given...

plz solve Q 29 fastly Question 29 Not yet answered Martout of 100 The contribution margin ratio is 70%. If total fixed costs are $23,000, then what is the total cost (5) of producing and selling...

The contribution margin ratio is 70%. If total fixed costs are $23,000, then what is the total cost ($) of producing and selling 66,550 units? The selling price is $3 per unit. e a None of the given...

The contribution margin ratio is 70%. If total fixed costs are $23,000, then what is the total cost ($) of producing and selling 66,550 units? The selling price is $3 per unit. O a. 59,895 O b....

Show how you would use a protecting group to convert 4-bromobutan-1-ol to hept-5-yn-1-ol.

A vital component of a successful marketing strategy is the companys plan for communication to its stake-holders. One segment of the comunication plan is included in the markeing mix as the...

A financial statement audit is conducted in order for an opinion to be expressed on the fair presentation of financial statements in accordance with GAAP. This goal is affected by the presence or...

The project _ _ _ _ _ answers the questions of what, when, how much, and at times where.

(Appendices) INCOME EFFECTS OF UNCOLLECTIBLE ACCOUNTS. The credit manager and the accountant for Goldsmith Company are attempting to assess the effect on net income of writing off $100,000 of...

(Appendices) ERRORS IN ENDING INVENTORY. From time to time, business newspapers report that the management of a company has misstated its profits by knowingly establishing an incorrect amount for its...

(Appendices) AVERAGE UNCOLLECTIBLE ACCOUNT LOSSES AND UNCOLLECTIBLE ACCOUNT EXPENSE. The accountant for Porile Company prepared the following data for sales and uncollectible account losses: LO8...