This topic contains a solution. Click here to go to the answer

Author Question: Family Furniture sells a table for $900. Its fixed costs are $30,000, while its variable costs are ... (Read 265 times)

luminitza

  • Hero Member
  • *****
  • Posts: 555

Question 1

Contribution margin equals ________.
◦ revenues minus period costs
◦ revenues minus product costs
◦ revenues minus variable costs
◦ revenues minus fixed costs

Question 2

Family Furniture sells a table for $900. Its fixed costs are $30,000, while its variable costs are $600 per table. It currently plans to sell 175 tables this month.

What is the budgeted revenue for the month assuming that Family Furniture sells 175 tables?
◦ $52,500
◦ $157,500
◦ $127,500
◦ $105,000


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by luminitza on Mar 6, 2021

Brummell1998

  • Sr. Member
  • ****
  • Posts: 324
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 49% of students answer this correctly





 

Did you know?

The U.S. Preventive Services Task Force recommends that all women age 65 years of age or older should be screened with bone densitometry.

Did you know?

The first-known contraceptive was crocodile dung, used in Egypt in 2000 BC. Condoms were also reportedly used, made of animal bladders or intestines.

Did you know?

The people with the highest levels of LDL are Mexican American males and non-Hispanic black females.

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

For a complete list of videos, visit our video library