Question: The contribution margin ratio is 60%. If total fixed costs are $22,000, then what is the total cost (5) of producing and selling 60,500 units?

The contribution margin ratio is 60%. If total fixed costs are $22,000, then what is the total cost (5) of producing and selling 60,500 units? The selling price is $4 per unit None of the given answers a 145,200 bo 96,800c 123,200 do 220,000

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!

Company XYZ produces and sells scientific calculators. The company is currently producing and selling 10,000 units. At this level, the fixed expenses were $10,500. In order to expand sales, the...

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...

what is the answer? 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. a....

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. 220.000 O b. 145,200...

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. a. O 123,200 b. None...

q17 The contribution margin ratio is 60%. If total fixed costs are $22,000, then what is the total cost (S) of producing and selling 60,500 units? The selling price is $4 per unit. O a. None of the...

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. a. None of the given...

Please help me with the right option 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...

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...

A body of mass 3kg, moving with a speed of 4 ms-, collides head on with a stationary body of mass 2kg. Their relative velocity of separation after the collision is 2 ms-. Then (a) The coefficient of...

If the number of workers in the forest industry in Canada declined by 41% from the end of 1993 to the beginning of 2009, what was the compound annual rate of attrition in the industry during the...

A few years ago, I purchased lawn care services for a full season but found that they actually didn't do much good. I paid up front and in full. The following year, just before spring, the same lawn...

The first scenario will be a Verbal Judo scenario in which your scenario follows the standard Verbal Judo interaction: You need to ask somebody to modify their behavior either to do something or to...

Individually design a job specifi cation for a university lecturer in marketing, then compare results in groups of fi ve. Produce a fi nal version taking the best parts of each of your efforts.

Set out some of the opportunities presented to Sarah in the Meteor Telecoms case study. How would she best take advantage of them?

It is often said that competencies for a manufacturing environment are different to those for a service environment. Draw up a list of fi ve differing competencies for each sector and three...