Time left 1:45:3 Mazoon Company's variable costs are 70% of the selling price and its fixed costs are $80,000. To realize profits of $20,000 from sales of 60,000 units, using the CVP equation, what would be the selling price per unit? O a. $1.66 O b. None of the given answers O c. $2.38 O d. $5.56 O e. $4.44

Time left 1:45:3 Mazoon Company's variable costs are 70% of the selling price and its fixed costs are $80,000. To realize profits of $20,000 from sales of 60,000 units, using the CVP equation, what would be the selling price per unit? O a. $1.66 O b. None of the given answers O c. $2.38 O d. $5.56 O e. $4.44

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question 2: Muscat Company has the following information. OMR Fixed Cost 8750 Break even Sales 16000 a) PV Ratio b) Profit when sales are 20000 New BE point if selling price is reduced by %25
Time left 1:54: Mazoon Company's variable costs are 80% of the selling price and its fixed costs are $80,000. To realize profits of $20,000 from sales of 60,000 units, using the CVP equation, what would be the selling price per unit? O a. $1.66 O b. None of the given answers O c. $2.08 O d. $8.33 O e. $6.66 ion Which of the following does not represent a cost-volume-profit analysis equation? O a. Profit = contribution margin - fixed expenses ed O b. Sales = total expenses + profit Fini d out of Sales - fixed expenses - variable expenses F8 Esc F5 F6 F7 F4 F2 F3 * 23 % & 3 4 7 V 1 2 W T Y J K A D C V BYNI M * 00