This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: If a company increases the price of its product by 10% with no change in sales volume, (Read 72 times)

eboni

  • Full Member
  • ***
  • Posts: 135
on: Feb 5, 2023

Question 1

Tina Industries manufactures a product whose variable costs are 62.5% of sales. Tina's tax rate is 35% and net income for the year was $33,696. If Tina sold 23,040 units at $16 per unit, what were the company's operating income and fixed costs (round your answer if necessary)?
◦ $51,840; $86,400
◦ $96,275; $134,125
◦ $171,936; $75,661
◦ $138,240; $41,965

Question 2

If a company increases the price of its product by 10% with no change in sales volume,
◦ total fixed costs will decline.
◦ fixed cost per unit will change.
◦ the total contribution margin will not change.
◦ contribution margin per unit will change.
Managerial Accounting ¦ Davis ¦ 4th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by eboni on Feb 5, 2023

Jim457

  • Full Member
  • ***
  • Posts: 187
Reply #1 on: Feb 5, 2023
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 56% of students answer this correctly


eboni

  • Member
  • Posts: 135
Reply 2 on: Feb 5, 2023
YES! Correct, THANKS for helping me on my review

laurnthompson

  • Member
  • Posts: 334
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

The top 10 most important tips that will help you grow old gracefully include (1) quit smoking, (2) keep your weight down, (3) take supplements, (4) skip a meal each day or fast 1 day per week, (5) get a pet, (6) get medical help for chronic pain, (7) walk regularly, (8) reduce arguments, (9) put live plants in your living space, and (10) do some weight training.

Did you know?

As many as 20% of Americans have been infected by the fungus known as Histoplasmosis. While most people are asymptomatic or only have slight symptoms, infection can progress to a rapid and potentially fatal superinfection.

Did you know?

The first oral chemotherapy drug for colon cancer was approved by FDA in 2001.

Did you know?

Today, nearly 8 out of 10 pregnant women living with HIV (about 1.1 million), receive antiretrovirals.

Did you know?

Cucumber slices relieve headaches by tightening blood vessels, reducing blood flow to the area, and relieving pressure.

Changes in cell shape due to alterations in intracellular fluid volume. Changes in cell shape due to alterations in intracellular fluid volume.
The proportion of men and women with elevated blood pressure or taking hypertension medication incre The proportion of men and women with elevated blood pressure or taking hypertension medication incre
Wheat and Cotton Prices and Consumer Price Indexes, 1865–1896 Wheat and Cotton Prices and Consumer Price Indexes, 1865–1896
The signal voltage from a throttle position increases as the throttle is opened because the wiper ... The signal voltage from a throttle position increases as the throttle is opened because the wiper ...
The induced conformational change in hexokinase The induced conformational change in hexokinase
Estimating Potential Blood Volume Loss (Part 2) Estimating Potential Blood Volume Loss (Part 2)
Video: Lipid catabolism - lipolysis and beta oxidation and oxidation of fatty acids

For a complete list of videos, visit our video library