FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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- For Waterway Industries at a sales volume of 5000 units, sales revenue is $67000, variable costs total $ 44000, and fixed expenses are $21000. What is the unit contribution margin? Select answer from the options below $4.20 $8.80 $9.20 $4.60arrow_forwardCompute the contribution margin dollars if volume is 200,000 units, price is $10 per unit, and variable costs are 60 percent of revenue.arrow_forwardAssume the following (1) variable expenses = $302,000, (2) unit sales = 10,000, (3) the contribution margin ratio = 20%, and (4) net operating income = $10,000. Given these four assumptions, which of the following is true? Multiple Choice O O The variable expense ratio is 400% The total sales $377,500 The total contribution margin= $241,600 The total fixed expenses $60,400 =arrow_forward
- Vaughn's CVP income statement included sales of 5000 units, unit selling price of $300, unit variable cost of $180, and fixed expenses of $150000. Contribution margin is ○ $600000. ○ $900000. O $1500000. O $450000.arrow_forwardCompute the table below for the missing amounts. Compute the missing amounts, starting wit scenario A, then for the scenarios B and Carrow_forwardThe following information is related to product A: in 2015, variable cost was Rs 200 per unit and fixed cost was Rs 40 per unit. Production was 1,20,000 units. It is expected that production in 2016 will increase to 1,60,000 units. The variable cost will increase by 25% and fixed cost by 10% in 2016. The amount of fixed cost in 2016 will be- a. Rs 52,80,000 b. Rs 70,40,000 c. Rs 64,00,000 d. Rs 48,00,000arrow_forward
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