WileyPLUS Chegg Study | Guided Solutio × e what ls The Answer Please Arx × c sec

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WileyPLUS Chegg Study | Guided Solutio × e what ls The Answer Please Arx × c secure https://edugen.wileyplus.com/edugen/student/mainfr.u ni WileyPLUS Kimmel Accounting, 6 INTRODUCTORY ACCOUNTING I/II (ACT 221/222) Home Read, Study & Practice Assignment Gradebook ORION Downloadable eTextbook Assignment>open Assignment TIMER Start Time: 02:00 PM/ Remaining: 78 min. CALCULATOR FULL SCREEN PRINTER VERSION BACK NEXT ASSIGNMENT RESOURCES Question 1 Coronado reported the following information for the current year: sales (57000 units)1140000, direct materials and direct labor $570000, other variable costs $57000, and fixed costs $360000. What is Coronado's break-even point in units? 18-19-20 a Question 1 Question 2 Question 4 40000 Question 5 Question Question 7 Question Question 9 Question 10 Question 11 52615 32728 Click if you would like to Show Work for this question: Question13 Question 14 Question Attempts: 0 of 1 usedSAVE FOR LATER SUBMIT ANSWER Question 23 All Rights Reserved. A Division of lohn Wiley & Sons Inc Version 4.24.2.4

Explanation / Answer

Sales 1140000 Less: Variable expenses Direct materials and Direct labor 570000 Other variable costs 57000 627000 Contribution margin 513000 Unit Contribution margin = 513000/57000= 9 Break even point = Fixed expenses/Unit contribution margin = 360000/9 = 40000 Option 1 is correct

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