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BUS 302 L Managerial Accounting EXAMS BUNDLE WITH Questions Solved 100% Correct
BUS 302 L Managerial Accounting EXAMS BUNDLE WITH Questions Solved 100% Correct
[Show more]BUS 302 L Managerial Accounting EXAMS BUNDLE WITH Questions Solved 100% Correct
[Show more]The Unique Bookshelf Company is considering the purchase of a custom delivery van 
costing approximately $50,000. Using a discount rate of 20%, the present value of future 
cost 
savings is estimated at $51,200. To yield the 20% return, the actual cost of the van 
should not 
exceed the $50,000 esti...
Preview 2 out of 8 pages
Add to cartThe Unique Bookshelf Company is considering the purchase of a custom delivery van 
costing approximately $50,000. Using a discount rate of 20%, the present value of future 
cost 
savings is estimated at $51,200. To yield the 20% return, the actual cost of the van 
should not 
exceed the $50,000 esti...
Budget - Answer The budget is a financial plan. The budgeted sales and cost data help 
managers plan the hotel's target profit (revenues - expenses) 
Manager should use budget for which? - Answer Control operations 
Break-even sales in units - Answer The number of units you need to sales in break-e...
Preview 2 out of 7 pages
Add to cartBudget - Answer The budget is a financial plan. The budgeted sales and cost data help 
managers plan the hotel's target profit (revenues - expenses) 
Manager should use budget for which? - Answer Control operations 
Break-even sales in units - Answer The number of units you need to sales in break-e...
hat is break-even point in sales? - Answer fixed cost / (price-variable cost) 
10,000 / (7.50-2.25)=1905 
what is the total contribution margin? - Answer sales revenue-variable expense 
(7.50*20,000) - (2.25*20,000) 
=105,000
Preview 2 out of 15 pages
Add to carthat is break-even point in sales? - Answer fixed cost / (price-variable cost) 
10,000 / (7.50-2.25)=1905 
what is the total contribution margin? - Answer sales revenue-variable expense 
(7.50*20,000) - (2.25*20,000) 
=105,000
What type of a cost is given? 
a. fixed cost 
b. variable cost 
c. step cost 
d. mixed cost 
e. rent cost. - Answer b. variable cost
Preview 3 out of 27 pages
Add to cartWhat type of a cost is given? 
a. fixed cost 
b. variable cost 
c. step cost 
d. mixed cost 
e. rent cost. - Answer b. variable cost
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