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Answer with brief explanation 13. Bear Publishing sells a nature guide. The foll

ID: 2375219 • Letter: A

Question

Answer with brief explanation


13. Bear Publishing sells a nature guide. The following information was reported for a typical month:

  

Total

Per Unit

Sales

$ 17,600

$ 16.00

Variable expenses

9,680

8.80

Contribution margin

7,920

$ 7.20

Fixed expenses

3,600

Net operating income

$ 4,320

Answer

Question 14 and 15 use the following information:

In October, Haldeman Corporation, a manufacturing company, reported the following financial data:  

Sales

$ 460,000

Variable COGS

89,000

Fixed COGS

107,000

Variable selling expense

22,000

Fixed selling expense

59,000

Variable administrative expense

67,000

Fixed administrative expense

111,000

D. $282,000


Answer

D. $5,000



Total

Per Unit

Sales

$ 17,600

$ 16.00

Variable expenses

9,680

8.80

Contribution margin

7,920

$ 7.20

Fixed expenses

3,600

Net operating income

$ 4,320

Explanation / Answer

increase in variable expense 20%..9680 +20% =11616.

contribution =sales - variable cost

17600 - 11616=5984.

14 answer is D.282000

460000-89000-22000-67000=282000

15 ANSWER is D. 5000

460000-89000-107000-22000-59000-67000-111000=5000

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