A project has a contribution margin of $2.16 per unit. If the sales price per unit is $11 and the fixed costs are $24,700, what is the amount of total costs at a production level of 6,000 units? Ignore depreciation.
A) $65,165
B) $81,080
C) $57,460
D) $68,221
E) $77,740
E) $77,740
You might also like to view...
Dave is a salesperson who takes a long time to make decisions. He loves sales because he responds well to the pressure he faces in the many new or uncertain situations he encounters as a salesperson. Like most successful salespeople, he is high in his tolerance for ambiguity. Dave likely has a(n) _____ decision-making style.
A. directive B. conceptual C. ambiguous D. behavioral E. analytical
The method of reporting cash flows from operating activities under which revenues and expenses reported on the income statement are adjusted to reflect the amount of cash received or expended for each item is called the
a. direct method. b. indirect method. c. combination method. d. adjusted method.
The actual variable cost per customer and variable cost per customer estimated in the plan are $3 and $8, respectively. The actual volume and the volume estimated in the plan are 30,000 units and 20,000 units, respectively
Calculate the cost variance. A) $250,000 B) $100,000 C) -$100,000 D) -$150,000 E) $150,000
Most courts apply the same principles to joint ventures as they apply to partnerships
Indicate whether the statement is true or false