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Will bought 3 college textbooks one cost32 one cost45 one cost 39 what is the average price of his books choose the statement that correctly calculates the average?
The answer is A. (32+45+39)/3
Accelerate Ltd has fixed costs of 72000 per annual It makes one product which it sells for 32 per unit Its contribution to sales ratio is 45 percent?
Break Even Point = ?Variable Cost = ?Sales price/ Unit = 32Annual Fixed Cost = 72000Contribution to sales Ratio = 45%Contribution margin = 32 * 45% or 0.45Contribution margin = 14.4Contribution = Sales - Variable Cost45% Of Sales = 100% - ?SOVariable Cost = 100% of sales - 45% of salesVariable Cost = 55% of Sales priceVariable Cost = 32 * 55% or 0.55Variable Cost = 17.6Break even point = Fixed Cost/Contribution margin ratioBreakeven Point = 72000 / 0.45 = $160000 or 160000/32 = 5000 UnitsWorking Notes:Confirmation:Sales (5000 * 32) 160000Less: Variable Cost @ 55% 88000Contribution margin 72000Less: Fixed Cost 72000Net Income(loss) NIL
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