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: 77 min. CALCULATOR FULL SCREEN PRINTER VERSION BACK NEXT ASSIGNMENT RESOURCES 18-19-20 Question 1 Bonita Industries is planning to sell 780000 units for $1.50 per unit. The contribution margin ratio is 20%. If Bonita will break even at this level of sales, what are the fixed costs? a Question 1 Question 2 $900000 $780000 $234000 $546000 Question 4 Question 5 Question Question 7 Question Question 9 Question 10 Question 11 Click if you would like to Show Work for this question: Question13 Question 14 Question Attempts: 0 of 1 usedSAVE FOR LATER SUBMIT ANSWER uestion 25 All Rights Reserved. A Division of lohn Wiley & Sons Inc Version 4.24.2.4

Explanation / Answer

Bonita industries is planning to sell 780,000 units for $1.50 per unit. The contribution margin ratio is 20%. If Bonita will break even at this level of sales, what are the fixed costs

Solution: $234,000

Working:

780,000 * 1.50 * 20% = $234,000

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