Question 12 Marigold Corp. produces flash drives for computers, which it sells for $20 each....

70.2K

Verified Solution

Question

Accounting

imageimageimageimageimage

Question 12 Marigold Corp. produces flash drives for computers, which it sells for $20 each. The variable cost to make each flash drive is $13. During April, 550 drives were sold. Fixed costs were $1400 for the month. How much is the monthly break-even level of sales in dollars for Marigold? 0 $4000 O $16500 O $2200 O $200 Question 16 For Sheridan Company, sales is $400000, variable expenses are $212000, and fixed expenses are $140000. Sheridan's contribution margin ratio is 0 53%. 35%. 12%. 47%. Question 17 For Vaughn Manufacturing, sales is $2700000, fixed expenses are $680000, and the contribution margin ratio is 36%. What is net income? O $244800 0 $972000 O $292000 0 $727200 Question 18 For Marigold Corp., sales is $2000000, fixed expenses are $900000, and the contribution margin ratio is 36%. What is required sales in dollars to earn a target net income of $500000? O $3888889 O $5555556 O $1388889 O $2500000 Question 20 Waterway Industries has a weighted average unit contribution margin of $30 for its two products, Standard and Supreme. Expected sales for Waterway are 70000 Standard and 30000 Supreme. Fixed expenses are $1800000. How many Standards would Waterway sell at the break-even point? 0 70000. 0 60000. 18000. O O 42000

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students