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 75 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
Gracias!

6ana001

  • Member
  • Posts: 311
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Patients who cannot swallow may receive nutrition via a parenteral route—usually, a catheter is inserted through the chest into a large vein going into the heart.

Did you know?

Approximately one in four people diagnosed with diabetes will develop foot problems. Of these, about one-third will require lower extremity amputation.

Did you know?

The first monoclonal antibodies were made exclusively from mouse cells. Some are now fully human, which means they are likely to be safer and may be more effective than older monoclonal antibodies.

Did you know?

During the twentieth century, a variant of the metric system was used in Russia and France in which the base unit of mass was the tonne. Instead of kilograms, this system used millitonnes (mt).

Did you know?

According to the CDC, approximately 31.7% of the U.S. population has high low-density lipoprotein (LDL) or "bad cholesterol" levels.

Gene duplication increases genetic complexity Gene duplication increases genetic complexity
Pulmonary function test: spirometry. (a) Normal respiratory volumes, as measured during spirometry. Pulmonary function test: spirometry. (a) Normal respiratory volumes, as measured during spirometry.
Checking fuel-pump volume using a hose from the outlet of the fuel-pressure regulator into a ... Checking fuel-pump volume using a hose from the outlet of the fuel-pressure regulator into a ...
Climate Change: Greenhouse gases Timescale Climate Change: Greenhouse gases Timescale
0.123 g of a gas occupy a volume of 124 mL at 120. °C and 760. torr. Its molar mass is ... 0.123 g of a gas occupy a volume of 124 mL at 120. °C and 760. torr. Its molar mass is ...
A 31.1-g sample of Ne gas exerts a certain pressure in a container of fixed volume. What mass ... A 31.1-g sample of Ne gas exerts a certain pressure in a container of fixed volume. What mass ...
Video: Ultrasound of a Fetus (Sonogram)

For a complete list of videos, visit our video library