1.The variable expense per unit is $12 and the selling price per unit is $40. Th
ID: 2380558 • Letter: 1
Question
1.The variable expense per unit is $12 and the selling price per unit is $40. Then the
contribution margin ratio is 70%.
TRUE FALSE
2.If a company with both variable and a fixed cost in its costs structure has its fixed expenses
increase by $10,000 per year, then the level of sales needed to break even will also increase by $10,000.
TRUE FALSE
a)The Old Post Office Company had net operating income of $30,000;
fixed expenses of $90,000 Sales of $200,000 and CM ratio of 60%.
1. The Old Post Office Company
1.The variable expense per unit is $12 and the selling price per unit is $40. Then the
contribution margin ratio is 70%.
TRUE FALSE
2.If a company with both variable and a fixed cost in its costs structure has its fixed expenses
increase by $10,000 per year, then the level of sales needed to break even will also increase by $10,000.
TRUE FALSE
a)The Old Post Office Company had net operating income of $30,000;
fixed expenses of $90,000 Sales of $200,000 and CM ratio of 60%.
1. The Old Post Office Company
The variable expense per unit is $12 and the selling price per unit is $40. Then the contribution margin ratio is 70%. If a company with both variable and a fixed cost in its costs structure has its fixed expenses increase by $10,000 per year, then the level of sales needed to break even will also increase by $10,000. The Old Post Office Company had net operating income of $30,000; fixed expenses of $90,000 Sales of $200,000 and CM ratio of 60%. $150,000 $ 80,00 $ 50,000 $ 30,000 The Old Post Office Company's contribution margin is: $200,000 $ 80,000 $120,000 $ 90,000Explanation / Answer
true
false
c.$50,000
D.$90,000
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