Answered: Given the cost formula, Y = $16,000 +…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

See similar textbooks

Similar questions

Given the cost formula, Y = $16,000+ $3.40X, total cost for an activity level of 4,000 units would be: A) S13,600 B) S3,600 C) $29,600 D) S16,000
According to a cost formula Y = $20,000 + $4x, what would be the total cost for a level of activity of 15,000 units?
At a level of physical activity of 15,000 units, the total cost would be as follows using the cost formula Y = $20,000 + $4X: $35,000 $60,000 $20,000 $80,000.
What is the correct choice? When fixed costs are $18,000 and the contribution margin per unit is $4, the breakeven point is a. 4,500 units. b. 2,230 units. c. $22,300. d. $72,000.
According to cost formula y= 55,200 + 33x, total cost at an activity level of 15,000 units would be
If the total cost function is y = 6,300 + 2X, calculate the variable cost for 4,400 units. A. $8,800 B. $6,300 C. $12,600 O D. $15,100 O O
Find out BEP in units and value with the following data:Fixed cost - $30000Variable cost - $20 per unitSelling Price - $50 per unit.
Answer the following questions based on the given information: Sales Units 500,000 Total Sales $50,000,000 Total Variable Cost $35,000,000 Total Fixed Cost $10,000,000 What is Total Contribution Margin? What is Contribution Margin Per Unit? What is the Contribution Margin Ratio?
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 $4.60
If the sales price is $150 per unit, the variable cost is $90 per unit, and total fixed costs is $24,000, the breakeven in sales dollars is: Question 5 options: $15,000. $24,000. $36,000. $60,000.
for the estimated total costs how did you get 4,500,000 , 5,100,000 , 5,000,000?
If the sales price is $150 per unit, the variable cost is $90 per unit, and total fixed costs is $24,000, the contribution margin ratio is: Question 4 options: 80%. 60%. 40%. 20%.

SEE MORE QUESTIONS

Recommended textbooks for you

FINANCIAL ACCOUNTING

Accounting

ISBN:

9781259964947

Author:

Libby

Publisher:

MCG

Accounting

ISBN:

9781337272094

Author:

WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.

Publisher:

Cengage Learning,

Accounting Information Systems

Accounting

ISBN:

9781337619202

Author:

Hall, James A.

Publisher:

Cengage Learning,

FINANCIAL ACCOUNTING

Accounting

ISBN:

9781259964947

Author:

Libby

Publisher:

MCG

Accounting

ISBN:

9781337272094

Author:

WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.

Publisher:

Cengage Learning,

Accounting Information Systems

Accounting

ISBN:

9781337619202

Author:

Hall, James A.

Publisher:

Cengage Learning,

Horngren's Cost Accounting: A Managerial Emphasis…

Accounting

ISBN:

9780134475585

Author:

Srikant M. Datar, Madhav V. Rajan

Publisher:

PEARSON

Intermediate Accounting

Accounting

ISBN:

9781259722660

Author:

J. David Spiceland, Mark W. Nelson, Wayne M Thomas

Publisher:

McGraw-Hill Education

Financial and Managerial Accounting

Accounting

ISBN:

9781259726705

Author:

John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles

Publisher:

McGraw-Hill Education

SEE MORE TEXTBOOKS

Given the cost formula, Y = $16,000 + $3.40X, total cost for an activity level of 4,000 units would be: Multiple Choice $16,000 $3,600 $13,600 $29,600