Examlex

Solved

Ponsford's Cellular Sells Phones for $100

question 198

Essay

Ponsford's Cellular sells phones for $100.The unit variable cost per phone is $50 plus a selling commission of 10%.Fixed manufacturing costs total $1250 per month,while fixed selling and administrative costs total $2500.
Required:
a.What is the contribution margin per phone?
b.What is the break-even point in phones?
c.How many phones must be sold to earn pre-tax profit of $7500?
_____________________________________________________________________________________________
_____________________________________________________________________________________________


Definitions:

Hallucination

A false perception or sensation in a conscious individual, seemingly real but created by the mind, without an external stimulus.

Paranoia

A mental condition characterized by delusions of persecution, unwarranted jealousy, or exaggerated self-importance.

Delusion

A strongly held belief despite superior evidence to the contrary, often found in psychiatric conditions.

DSM-5 Classification

The diagnostic criteria for mental disorders as outlined in the fifth edition of the Diagnostic and Statistical Manual of Mental Disorders.

Related Questions