Carlton Corporation has two divisions: Delta and Echo. Data from the most recent month appear below: DeltaEchoSales$254,000 $147,000 Variable expenses$91,440 $86,730 Traceable fixed expenses$99,000 $44,000 The company's common fixed expenses total $44,110. The break-even in sales dollars for Echo Division is closest to:
A. $336,719
B. $214,902
C. $146,756
D. $107,317
Answer: D
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________ includes all the activities managers engage in to develop a pool of qualified candidates for open positions.
A. Job enlargement B. Selection C. Labor relations D. Recruitment E. Collective recruiting
A fraud perpetrator uses the float time between banks to give the impression that he had money in his accounts. Which crime is he committing?
a. Floating b. Strip c. Spinning d. Kiting
Cash dividends of $50,000 were declared during the year. Cash dividends payable were $10,000 and $20,000 at the beginning and end of the year, respectively. The amount of cash for the payment of dividends during the year is
A) $40,000 B) $50,000 C) $70,000 D) $60,000
Fashion Jeans, Inc sells two lines of jeans; Simple Life and Fancy Life. Simple Life sells for $85.00 a pair and Fancy Life sells for $100.00 a pair. The company sells all of its jeans on credit and estimates that 60% is collected in the month of the sale, 35% is collected in the following month, and the rest is considered to be uncollectible. The estimated sales for Simple are as follows:
January 20,000 jeans, February 27,500 jeans, and March 25,000 jeans. The estimated sales for Fancy are as follows: January 18,000 jeans, February 19,000, and March 20,500 jeans. What are the expected cash receipts for the month of March? A) $3,988,125 B) $2,505,000 C) $2,125,000 D) $4,175,000