Multiple Choice Question 44 For Sheffield Corp., sales is $700000, variable expenses are $301000, and fixed...
Multiple Choice Question 45 For Sheffield Corp., sales is $1500000, fixed expenses are $270000, and the contribution margin per unit is $60. What is the break-even point? O O $450000 sales dollars $250000 sales dollars 25000 units 4500 units Question Attempts:
Multiple Choice Question 43 The contribution margin ratio is O sales divided by fixed expenses. contribution margin divided by sales. O sales divided by variable expenses. sales divided by contribution margin.
Multiple Choice Question 52 For Bramble Corp., sales is $4000000, fixed expenses are $900000, and the contribution margin ratio is 36%. What is required sales in dollars to earn a target net income of $300000? O $3333333 O $2500000 O $11111111 $833333
Multiple Choice Question 156 Sheffield Corp. had actual sales of $1200000 when break-even sales were $960000. What is the margin of safety ratio? 25% 20% Ο Ο Ο 75% O 80%
Multiple Choice Question 86 Sheffield Corp. produces flash drives for computers, which it sells for $25 each. Each flash drive costs $12 of variable costs to make. During April, 1000 drives were sold. Fixed costs for April were $1000. How much is the contribution margin ratio? . 5296 60% 56% Click if you would like to Show Work for this question: Qren Show Work
Multiple Choice Question 52 For Sheridan Company, sales is $3500000, fixed expenses are $900000, and the contribution margin ratio is 36%. What is required sales in dollars to earn a target net income of $600000? $1666667 $2500000 $4166667 $9722222
Multiple Choice Question 36 For Buffalo Co., at a sales level of 4000 units, sales is $75000, variable expenses total $50000, and fixed expenses are $21000. What is the contribution margin per unit? o $5.25 O $12.5 O $6.25 O $18.75 Question Attempts: 0 of 1 used SAVE FOR LATER SUBMET ANSWER SUBMIT ANSWER
please answer all 4 multiple choice questions QUESTION 37 The ratio of fixed expenses to the contribution margin ratio is the indifference point break-even point in units. fixed cost ratio. break-even point in sales. sensitivity analysis. QUESTION 38 If the contribution margin ratio increases, the break-even point in sales dollars will double. remain the same. increase. decrease. to cane all answers. QUESTION 35 The predetermined overhead rate is usually calculated at the end of the year. at the beginning of...
Multiple Choice Question 133 Swifty Corporation has fixed costs of $520000 and variable costs are 20% of sales. How much will Swifty report as sales when its net income equals $500007 $712500 1 O $700000 $2850000 $114000
Multiple Choice Question 98 The following information is available for Oriole Company: Sales $550000 Cost of goods sold 350000 Total fixed expenses Total variable expenses $150000 310000 A CVP income statement would report contribution margin of $400000. O gross profit of $240000. O contribution margin of $240000. O gross profit of $200000.