During the Year the total marbles sold by AMP Ltd. are 6,000 and Profit at this level of Sales is $ 20,000. The Margin of Safety Sales is $ 60,000. The total Fixed Expenses for the year is one-third of the year's Break Even Sales. Find out the Total Variable Cost and Variable Cost per unit if the Selling Price is $ 30.00 per marble. O Variable Cost = $ 120,000 ; Variable Cost per unit = $ 20.00 Variable Cost = $ 114,000 ; Variable Cost per unit = $ 19.00 Variable Cost = $ 111,000 ; Variable Cost per unit = $ 18.50 Variable Cost = $ 117,000 ; Variable Cost per unit = $ 19.50

During the Year the total marbles sold by AMP Ltd. are 6,000 and Profit at this level of Sales is $ 20,000. The Margin of Safety Sales is $ 60,000. The total Fixed Expenses for the year is one-third of the year's Break Even Sales. Find out the Total Variable Cost and Variable Cost per unit if the Selling Price is $ 30.00 per marble. O Variable Cost = $ 120,000 ; Variable Cost per unit = $ 20.00 Variable Cost = $ 114,000 ; Variable Cost per unit = $ 19.00 Variable Cost = $ 111,000 ; Variable Cost per unit = $ 18.50 Variable Cost = $ 117,000 ; Variable Cost per unit = $ 19.50

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter3: Cost-volume-profit Analysis

Section: Chapter Questions

Problem 6EB: Kerr Manufacturing sells a single product with a selling price of $600 with variable costs per unit...

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