Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. kaiser's kraft korner sells a single product. 7,00

Kaiser's Kraft Korner sells a single product. 7,000 units were sold resulting in $70,000 of...

60.1K

Verified Solution

Question

Accounting

Kaiser's Kraft Korner sells a single product. 7,000 units were sold resulting in $70,000 of sales revenue, $28,000 of variable costs, and $12,000 of fixed costs. ANS BLANK 1. Contribution margin per unit is $_____ ANS BLANK 2. Break-even point in units is $ _______ ANS BLANK 3. The number of units that must be sold to achieve $60,000 of operating income is ____ ANS BLANK 4. If sales increase by $25,000, operating income will increase by $_____

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!
Become a Member

Other questions asked by students

Q

A sinusoidal function has a frequency of a maximum value of 12 a minimum value...

Algebra
Q

There are students, as well as faculty, who are active in campus politics. All who are...

Statistics
Q

write down a proof of the infinitude of primes

Advance Math
Q

Chemical Weapon ​Phosgene, COCl2, gained notoriety as a chemical weapon in World War I. Phosgene is produced by...

Chemistry
Q

Chickens having a mass of 5 kg are immersion frozen in propylene glycol at -30°C (ρ=1068...

Physics
Q

How have newer media changed the way we study media effects?

Operations Management
Q

Two point charge A and B have charge 0 5 C and 2C respectively and...

Physics
Q

If X has a binomial distribution with 20 trials and a mean of six then...

Statistics
Q

nswer Which of the following radical expressions has an absolute value symbol in its simplified...

Algebra
Q

A company has $110,000 in current assets; $500,000 in total assets; $90,000 in current liabilities,...

Accounting
Q

Instructions The comparative balance sheet of Pelican Joe Industries Inc. for December 31, 2016 and...

Accounting
Q

Required: a. What is the unit product cost for the month under variable costing? b....

Accounting