Question: Question 14 1 pts Below is the information on three independent companies: Zissou Gustave Tenenbaum Sales $25,000 Total variable cost $10,000 $18,000 $12,750 Total contribution

Question 14 1 pts Below is the information on three independent

Question 14 1 pts Below is the information on three independent companies: Zissou Gustave Tenenbaum Sales $25,000 Total variable cost $10,000 $18,000 $12,750 Total contribution margin $15,000 $3,000 Fixed cost $4,000 Profit (loss) $8,000 -$1,000 $975 Units sold 1,500 215 Price per unit $5.00 $140.00 Variable cost per unit $12.00 Contribution Margin per unit $2.00 What is Tenebaum's Fixed Cost? (round to the nearest dollar is necessary)

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!

CARE is a growing consulting company in the healthcare sector with 50 employees in different locations. Each manager at CARE is responsible for tracking the profitability of the projects he/she is...

Question 15 1 pts Below is the information on three independent companies: Zissou Gustave Tenenbaum Sales $25,000 Total variable cost $10,000 $18,000 $12,750 Total contribution margin $15,000 $3,000...

Question 10 1 pts Below is the information on three independent companies: Zissou Gustave Tenenbaum Sales $25,000 Total variable cost $10,000 $18,000 $12,750 Total contribution margin $15,000 $3,000...

Organic Foods Ltd, a manufacturer of breakfast cereals and healthy snack bars, has experienced several years of steady growth in sales, profits, and dividends while maintaining a relatively low level...

how to do that capsim comp-xm exam of 5 rounds this is first one anyone pleasehelp me with therounds I have to do for this assignment? CAPSIM Z compxm File Undo Decisions Proformas Inquirer Help...

Please assist with the attached document of 45 problems. Thank you in advance. ACCT 221 Final Exam EVERY QUESTION IS WORTH 2.22 POINTS Please answer in the Answer Sheet provided at the end of the...

There are about 45 Questions which are to be solved. If someone could please help that'd be great. Thanks! 1) Alaska Company sold 2,000 units in October at a price of $35 per unit. The variable cost...

i need questions 10-15 please! I've provided the previous work and answers for 1-9 to refer to if needed. The Foundational 15 LO6-1, L06-2, L06-3, LO6-4, LO6-5 Diego Company manufactures one product...

mcq 1. A firm sells base ball for Tk. 14.00 each. The variable cost for each unit is Tk. 8.00. The contribution margin per unit is A. Tk. 6.00 B. Tk. 12.00 C. C. Tk. 14.00 D. Tk. 8.00 2. Company' A,s...

The following are audit procedures from different transaction cycles:n 1. Examine sales invoices for evidence of internal verification of prices, quantities, and extensions.n 2. Select items from the...

The management of Hoyt Corp. is considering the effects of various inventory-costing methods on its financial statements and its income tax expense. Assuming that the price the company pays for...

Data can be incomplete but accurate: Say True or False TRUE FALSE

The company openly shares plans and information with employees.

You serve on the professional development committee of a national association in your field.Your group recently sponsored a regional seminar on a pertinent topic in that field. The all-day seminar,...

You are an intern for the Eagleton Eagles, a minor league baseball team. Your supervisor, Matt Marks, has asked you to analyze the following data about the entertainment offered before games,between...