Examlex

Solved

Using Cost-Volume-Profit Formulas Fantasy Corporation Manufactures a Single Product. the Selling Price Is

question 98

Essay

Using cost-volume-profit formulas
Fantasy Corporation manufactures a single product. The selling price is $125 per unit, and variable costs amount to $81 per unit. The fixed costs are $28,500 per month.
(a) What is the contribution margin per unit? $________________ per unit
(b) What is the contribution margin ratio? ________________% (Rounded to 1 decimal place)
(c) What is the monthly sales volume (in dollars) at the break-even point? $_________________
(d) How many units must be sold each month to earn a monthly operating income of $50,000? _______________ units
(e) What is the monthly margin of safety (in dollars) if 1,500 units are sold each month? $________________
(f) What will be the monthly operating income if 1,500 units are sold each month? $________________

Understand the structure and use of specifiers and subtypes in the DSM-5 to capture the severity and specifics of mental illness.
Recognize the criteria and appropriate context for giving a provisional diagnosis.
Gain foundational knowledge of various diagnostic categories and their key characteristics as per the DSM-5.
Understand the historical development and evolution of the DSM, including the introduction of multi-axial diagnosis and transition to single-axis diagnosis.

Definitions:

Related Questions