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Questions and Answers
What is the profit made by Company B if it records a margin of safety of 8,000 units, selling price per unit of GHS20, and variable cost per unit of GHS13?
What is the profit made by Company B if it records a margin of safety of 8,000 units, selling price per unit of GHS20, and variable cost per unit of GHS13?
- GHS160,000
- Impossible to calculate
- GHS56,000 (correct)
- GHS104,000
What is the profit of a company with a contribution to sales ratio of 40%, fixed costs of GHS50,000, and sales of GHS400,000?
What is the profit of a company with a contribution to sales ratio of 40%, fixed costs of GHS50,000, and sales of GHS400,000?
- GHS350,000
- GHS110,000 (correct)
- GHS160,000
- GHS100,000
Given a contribution per unit of GHS12, budgeted sales of 20,000 units, and breakeven output of 12,000 units, what is the profit?
Given a contribution per unit of GHS12, budgeted sales of 20,000 units, and breakeven output of 12,000 units, what is the profit?
- Impossible to calculate
- GHS144,000
- GHS96,000 (correct)
- GHS240,000
If the total set-up cost for producing bread is GHS36,000 and the company requires 200 labor hours for wheat bread, 300 labor hours for butter bread, and 500 labor hours for sugar bread, how much set-up cost should be allocated to wheat bread using activity-based costing?
If the total set-up cost for producing bread is GHS36,000 and the company requires 200 labor hours for wheat bread, 300 labor hours for butter bread, and 500 labor hours for sugar bread, how much set-up cost should be allocated to wheat bread using activity-based costing?
Given a company required 3 set-ups for wheat bread, 5 set-ups for butter bread, and 2 set-ups for sugar bread, how much set-up cost should be allocated to sugar bread?
Given a company required 3 set-ups for wheat bread, 5 set-ups for butter bread, and 2 set-ups for sugar bread, how much set-up cost should be allocated to sugar bread?
What is the profit if a company has a contribution margin of 30%, fixed costs of GHS70,000, and sales of GHS300,000?
What is the profit if a company has a contribution margin of 30%, fixed costs of GHS70,000, and sales of GHS300,000?
