Question: Question 2 ( 3 points ) . Berhannan's Cellular sells phones for $ 1 0 0 . The unit variable cost per phone is $

Question 2(3 points).Berhannan's Cellular sells phones for $100. The unit variable cost per phone is $50 plus a selling commission of 10% of selling price. Fixed manufacturing costs total $1,260 per month, while fixed selling and administrative costs total 52,500.Required:a. What is the contribution margin per phone?b. What is the breakeven point in phones?c. How many phones must be sold to earn pretax income of $7,520?

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!

Q:

Based on chapters 1,2 and 3 of the following textbook answer the attached questions Horngren, C.T., Datar, S.M., and Rajan, M. V. (2015). Cost Accounting: A Managerial Emphasis. New Jersey: Prentice...

Q:

20Q Session 1B (questions 11-20). Thanks for quick response. 11. Randy's Tire Land makes a product that sells for $67 per unit and has $40 per unit variable costs. Annual fixed costs are $24,000. If...

Q:

hello dear expert I hope you will be fine. dear expert this is 3 question I giving to you please solve this 3 question step by step. dear expert I know the chagg policy allow only 1 question but due...

Q:

Help me tutor please Required: a. For Fox Manufacturing, determine the annual manufacturing indirect cost allocation rate. b. Determine the amount of manufacturing overhead costs allocated to the...

Q:

Question 10 (1 point) Professional University teaches a large range of undergraduate courses. It is interested in determining the cost equation for the facilities cost as a function of student credit...

Q:

1 Randy's tireland makes a product that sells for $68 per unit and has $47 per unit in variable costs. Annual fixed costs are $24,000. If Rambles sells 10 units less than breakeven, how much loss...

Q:

QUESTIONS 1- Randy tireland makes a product that sells for $74 per unit and has $45 per unit in variable costs. Annual fixed cost are $24000. If Rambles sells 10 units less than breakeven, how much...

Q:

1) Arthur's Plumbing reported the following: Revenues Variable manufacturing costs Variable nonmanufacturing costs Fixed manufacturing costs Fixed nonmanufacturing costs Required: Compute...

Q:

1. Fill in the blanks: Part Sales Fixed Costs Variable Costs Total Costs Contribution Margin % Operating Income A. $3,000 $1,300 $1,200 $2,500 60% B. $4,000 $1,200 $4,000 70% $0 C. $6,000 $900 $4,500...

Q:

1) Berhannan's Cellular sells phones for $100. The unit variable cost per phone is S50 plus a selling commission of 10%. Fixed manufacturing costs total $1,250 per month, while fixed selling and...

Q:

A 73-kg cross-country skier glides over snow as in the figure below. The coefficient of friction between skis and snow is 0.15. Assume all the snow beneath her skis is at 0C and that all the internal...

Q:

Toys R Us sells a variety of childrens toys, games, books, and accessories. Assume that a local store has the following amounts for the month of March 2015. Required: 1. Prepare a multiple-step...

Q:

true or false: If Parent Company P has an intercompany accounts payable balance of $ 1 0 0 , 0 0 0 with Subsidiary Company S ( Subsidiary Company S has a recorded intercompany accounts receivable...

Q:

WHAT IS the cash flow statement BBINFIT ,AND HOW WE CAN ANALAYSES

Q:

Looking at your regression output, was the relationship between 2014 and 2015 percentage of sales returned significant? How can you tell?

Q:

What is the coefficient for 2014?

Q:

Write your third question and provide an answer based on your analysis.