Answer these following questions: 1. Bridal Shoppe sells wedding dresses. The cost of each dress...
90.2K
Verified Solution
Link Copied!
Question
Accounting
Answer these following questions: 1. Bridal Shoppe sells wedding dresses. The cost of each dress is comprised of the following: Selling price of $500 and variable (flexible) costs of $200. Total fixed (capacity-related costs for Bridal Shoppe are $90,000. What is the contribution margin per dress a. $500 b. $300 c $600 d. none of these 2. Bridal Shoppe sells wedding dresses. The cost of each dress is comprised of the following: Selling price of $500 and variable (flexible) costs of $200. Total fixed (capacity-related) costs for Bridal Shoppe are $90,000. How many dresses need to be sold to make $60,000 profit a. 1000 b. 500 C. 300 d. 900 3. Janet sells a product for $6.25. The variable costs are $3.75. Janet's break-even units are 35,000. What is the current sales price is $25 per unit and the current variable cost is $17 per unit. Fixed costs are $40,000. If the sales price is increased by $2, and all other costs remain unchanged, the break-even point in units will: increase by 1,000 units b. decrease by 1,000 units C. decrease by 2,000 units d. decrease by 119 units (rounded to nearest unit) 4. PNG electric company manufactures a number of electric products. Rechargeable light is one of the PNG's products that sells for $180/unit. Total fixed expenses related to rechargeable electric light are $270,000 per month and variable expenses involved in manufacturing this product are $126 per unit. Monthly sales are 8,000 rechargeable lights. What is the break even point in units? a. 10,000 b. 5,000 c. 7,000 d. Cannot be determined
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!