Question: 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
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 answered Marked out of 100 @ a. 96,800 Ob. 220,000 OG 123,200 O d. 145,200 Oe. None of the given answers Remove flas Question 14 Company XYZ is producing and selling 2,500. At this level, the selling price per unit is $10, the variable expenses per unit is $7 and fixed expenses are $1.500. How much is the profit? Not yet answered Marloed out of 100 O a $8,500 b. $11,000 Oc. $16,000 d. $13,500 e $6,000 Remove flag
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
