Question 6.1

Accounting

Part 1:

Part 2:

Part 3:

Answer the parts correctly for a Like!

Current Attempt in Progress Sheffield Corp. sells MP3 players for $90 each. Variable costs are $40 per unit and fixed costs total $120000. What sales are needed by Sheffield to break even? $200000 $106667 $216000 $192000 Marigold Corp. requires sales of $2400000 to cover its fixed costs of $400000 and to earn net income of $200000. What percent are variable costs of sales? 25.0% 16.7% 8.3% 75.0% Sheridan Company has a unit contribution margin of $30 and a contribution margin ratio of 30%. How much is the selling price of each unit? $9. $43 $100 Cannot be determined without more information