question archive Case 1: In a business, the contribution margin per unit of its product is $15, variable cost per unit is $5 and the break-even point is 11,000 units
Case 1: In a business, the contribution margin per unit of its product is $15, variable cost per unit is $5 and the break-even point is 11,000 units
Subject:BusinessPrice: Bought3
Case 1: In a business, the contribution margin per unit of its product is $15, variable cost per unit is $5 and the break-even point is 11,000 units. Based on the above, what are the fixed costs associated with the business? * O $165,000 $110,000 $150,000 None of the above ! 48% 10.59 $200 None of the above Case 3: Lake Sales had $2,400,000 in sales last month. The contribution margin ratio was 40% and Net Income was $170,000. What is Lake's break-even sales volume?* $960,000 $1,440,000 $1,975,000 None of the above Page 4 of 7 Back Next Clear form Never submit passwords through Google Forms This form was created inside of Lebanese International University Report Abuse Google Forms 48% 10:59 Case 2: Queenie's Cupcakes makes cupcakes, which sell for $2 each and which cost $1.20 each to make. The owner estimates that her fixed costs amount to approximately $500 per week. Based on the above, how many cupcakes must Queenie's Cupcakes sell in a week in order to break-even? 250 units 625 units 800 units O None of the above Based on the above, what level of sales must she achieve every week in order to break-even? $500 PO $1,250 1
