Craig\'s Cola was to manufacture 1,000 cases of cola next week. The accountant p
ID: 2418644 • Letter: C
Question
Craig's Cola was to manufacture 1,000 cases of cola next week. The accountant provided the following analysis of total manufacturing costs: y = 200x + 100 r2 = 0.82 What is the estimated cost of producing the 1,000 cases of cola? A. $200,100 B. $142,071 C. $100,200 D. $9,000
As we learned in the Review Activity, “Direct or Indirect Costs”, the wages of the people who make the sandwiches at a Subway restaurant would be classified as a:
Direct cost
Indirect cost
Material cost
None of the above
Holly's Ham, Inc. sells hams during the major holiday seasons. During the current year 11,000 hams were sold resulting in $220,000 of sales revenue, $55,000 of variable costs, and $24,000 of fixed cost.
Contribution margin per ham is:
$5.00
$15.00
$20.00
$17.82
In the Review Activity, “Contribution Income Statement”, which of the following would decrease operating income?
Increasing the number of units sold
Increasing the sales price per unit
Decreasing variable cost per unit
None of the above
Holly's Ham, Inc. sells hams during the major holiday seasons. During the current year 11,000 hams were sold resulting in $220,000 of sales revenue, $55,000 of variable costs, and $24,000 of fixed cost.
The break-even point in sales dollars is:
$320,000
$16,000
$32,000
$61,740
The break-even point is indicated by the letter:
A
D
E
D
A.Direct cost
B.Indirect cost
C.Material cost
D.None of the above
Holly's Ham, Inc. sells hams during the major holiday seasons. During the current year 11,000 hams were sold resulting in $220,000 of sales revenue, $55,000 of variable costs, and $24,000 of fixed cost.
Contribution margin per ham is:
A.$5.00
B.$15.00
C.$20.00
D.$17.82
In the Review Activity, “Contribution Income Statement”, which of the following would decrease operating income?
A.Increasing the number of units sold
B.Increasing the sales price per unit
C.Decreasing variable cost per unit
D.None of the above
Holly's Ham, Inc. sells hams during the major holiday seasons. During the current year 11,000 hams were sold resulting in $220,000 of sales revenue, $55,000 of variable costs, and $24,000 of fixed cost.
The break-even point in sales dollars is:
A.$320,000
B.$16,000
C.$32,000
D.$61,740
The break-even point is indicated by the letter:
A.A
B.D
C.E
D.D
Explanation / Answer
Craig's Cola was to manufacture 1,000 cases of cola next week. The accountant provided the following analysis of total manufacturing costs: y = 200x + 100 r2 = 0.82 What is the estimated cost of producing the 1,000 cases of cola? A. $200,100 B. $142,071 C. $100,200 D. $9,000 y = $100 + ($200 x 1,000) = $200,100 Answer is 2001000 As we learned in the Review Activity, “Direct or Indirect Costs”, the wages of the people who make the sandwiches at a Subway restaurant would be classified as a: Direct cost Holly's Ham, Inc. sells hams during the major holiday seasons. During the current year 11,000 hams were sold resulting in $220,000 of sales revenue, $55,000 of variable costs, and $24,000 of fixed cost. Contribution margin per ham is: Contribution =220000-55000 Contribution per unit 165000/11000 =$ 15 per unit In the Review Activity, “Contribution Income Statement”, which of the following would decrease operating income? None of the above Holly's Ham, Inc. sells hams during the major holiday seasons. During the current year 11,000 hams were sold resulting in $220,000 of sales revenue, $55,000 of variable costs, and $24,000 of fixed cost. The break-even point in sales dollars is: =Break even sales =(Fixed Cost/Contribution per unit)* sales Price =(24000/15)*$20 =32000 Answer is 32000