1- If you know that net sales are 60,000, fixed expenses 20,000, and cost of sales 30,000, then the degree of operating leverage is: A - 3 degrees B - 2 degrees C - 1.5 degrees D - 1 degree *Based on the following information, answer the following three questions: unit selling price 15 dinars, unit variable cost 5 dinars, fixed costs 1000 dinars, number of units produced 600. Answer the following four questions (2,3,4,5): 2- Break-even point in dinars: a. 100 b. 6000 c. 1500 d. 2000 3- Break-even point (in units): a.100 units b. 2000 units c. 375 units d. None of the above. 4- To achieve a profit of 500 dinars, the number of units needed to be produced is: A.400 units B.700 units C. 150 units d. None of the above. 5- Contribution margin equals:

Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter6: Cost-volume-profit Analysis
Section: Chapter Questions
Problem 11E
icon
Related questions
Question
I need the answer as soon as possible
1- If you know that net sales are 60,000,
fixed expenses 20,000, and cost of sales
30,000, then the degree of operating
leverage is:
A - 3 degrees B - 2 degrees C - 1.5
degrees D - 1 degree
*Based on the following information,
answer the following three questions: unit
selling price 15 dinars, unit variable cost 5
dinars, fixed costs 1000 dinars, number of
units produced 600. Answer the following
four questions (2,3,4,5):
2- Break-even point in dinars:
a. 100 b. 6000 c. 1500 d. 2000
3- Break-even point (in units):
a.100 units b. 2000 units c. 375 units d.
None of the above.
4- To achieve a profit of 500 dinars, the
number of units needed to be produced is:
A.400 units B.700 units C. 150 units d.
None of the above.
5- Contribution margin equals:
Transcribed Image Text:1- If you know that net sales are 60,000, fixed expenses 20,000, and cost of sales 30,000, then the degree of operating leverage is: A - 3 degrees B - 2 degrees C - 1.5 degrees D - 1 degree *Based on the following information, answer the following three questions: unit selling price 15 dinars, unit variable cost 5 dinars, fixed costs 1000 dinars, number of units produced 600. Answer the following four questions (2,3,4,5): 2- Break-even point in dinars: a. 100 b. 6000 c. 1500 d. 2000 3- Break-even point (in units): a.100 units b. 2000 units c. 375 units d. None of the above. 4- To achieve a profit of 500 dinars, the number of units needed to be produced is: A.400 units B.700 units C. 150 units d. None of the above. 5- Contribution margin equals:
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 3 steps

Blurred answer
Knowledge Booster
Public Issue
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.
Similar questions
Recommended textbooks for you
Managerial Accounting
Managerial Accounting
Accounting
ISBN:
9781337912020
Author:
Carl Warren, Ph.d. Cma William B. Tayler
Publisher:
South-Western College Pub
Cornerstones of Cost Management (Cornerstones Ser…
Cornerstones of Cost Management (Cornerstones Ser…
Accounting
ISBN:
9781305970663
Author:
Don R. Hansen, Maryanne M. Mowen
Publisher:
Cengage Learning
Managerial Accounting: The Cornerstone of Busines…
Managerial Accounting: The Cornerstone of Busines…
Accounting
ISBN:
9781337115773
Author:
Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:
Cengage Learning
Survey of Accounting (Accounting I)
Survey of Accounting (Accounting I)
Accounting
ISBN:
9781305961883
Author:
Carl Warren
Publisher:
Cengage Learning
EBK CONTEMPORARY FINANCIAL MANAGEMENT
EBK CONTEMPORARY FINANCIAL MANAGEMENT
Finance
ISBN:
9781337514835
Author:
MOYER
Publisher:
CENGAGE LEARNING - CONSIGNMENT
Principles of Accounting Volume 2
Principles of Accounting Volume 2
Accounting
ISBN:
9781947172609
Author:
OpenStax
Publisher:
OpenStax College