Swifty Corporation has two divisions: Sporting Goods and Sports Gear. The sales mix is 65%...
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Swifty Corporation has two divisions: Sporting Goods and Sports Gear. The sales mix is 65% for Sporting Goods and 35% for Sports Gear Swifty incurs $5642500 in fixed costs. The contribution margin ratio for Sporting Goods is 30%, while for Sports Gear it is 50%. The break-even point in dollars is $2087725. $14106250 O $15250000 O $13122093 In 2019, Sheffield sold 1000 units at $500 each, and earned net income of $40000. Variable expenses were $200 per unit, and fixed expenses were $50000. The same selling price is expected for 2020. Sheffield's variable cost per unit will rise by 10% in 2020 due to increasing material costs, so they are tentatively planning to cut fixed costs by $10000. How many units must Sheffield sell in 2020 to maintain the same income level as 2019? 258 O 296 O 1000 286 For Bramble Corp. sales is $2000000, fixed expenses are $700000, and the contribution margin ratio is 36%. What are the total variable expenses? $1280000 O $2000000 O $720000 $448000 For Bramble Corp. sales is $2000000, fixed expenses are $700000, and the contribution margin ratio is 36%. What are the total variable expenses? $1280000 O $2000000 O $720000 $448000 For Waterway Industries, sales is $1240000 (6200 units), fixed expenses are $480000, and the contribution margin per unit is $100. What is the margin of safety in dollars? O $280000 O $820000 O $200000. O $1100000 Bonita Industries is planning to sell 780000 units for $1.50 per unit. The contribution margin ratio is 20%. If Bonita will break even at this level of sales, what are the fixed costs? $780000 O $900000. O $234000 O $546000 urrent Attempt in Progress Sheffield Corp.sells 200000 units for $14 a unit Fixed costs are $350000 and net income is $250000. What should be reported as variable expenses in the CVP income statement? O $2550000. O $600000 O $2450000. O $2200000. The following monthly data are available for Sunland Company, which produces only one product:Selling price per unit, $49: Unit variable expenses, $14: Total fixed expenses, $42000: Actual sales for the month of June, 5000 units. How much is the margin of safety for the company for June? O $42000 O $84000 O $186200 O $1200








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