1. For a manufacturing company has total monthly fixed costs of 100,000, variable cost per units of $10, income tax rate of 20%, targeted net income of $10,000. assume all other variables do not affect the cost volume profit relationship, if sales units (quantities) increase, fixed costs per unit: a. Increase b. decrease c. stays the same 2. For a manufacturing company has total monthly fixed costs of $100,000, variable cost per unit of $10, selling price per unit $15, income tax rate of 20%, targeted net income of $10,000. Assume all other variables do not affect the cost volume profit relationship, break even point in units is: 3. For a manufacturing company has total monthly fixed costs of $100,000, variable cost per unit of $10, selling price per unit $15, income tax rate of 20%, targeted net income of $10,000. Assume all other variables do not affect the cost volume profit relationship, the total sales needed to reach net income is: 4. Contribution margin is the same as gross margin for generally accepted accounting principles (GAAP). - TRUE OR FALSE a. Increase b. decrease c. stays the same 2. For a manufacturing company has total monthly fixed costs of $100,000, variable cost per unit of $10, selling price per unit $15, income tax rate of 20%, targeted net income of $10,000. Assume all other variables do not affect the cost volume profit relationship, break even point in units is: 3. For a manufacturing company has total monthly fixed costs of $100,000, variable cost per unit of $10, selling price per unit $15, income tax rate of 20%, targeted net income of $10,000. Assume all other variables do not affect the cost volume profit relationship, the total sales needed to reach net income is: 4. Contribution margin is the same as gross margin for generally accepted accounting principles (GAAP). - TRUE OR FALSE
1. For a manufacturing company has total monthly fixed costs of 100,00
1. For a manufacturing company has total monthly fixed costs of 100,000, variable cost per units of $10, income tax rate of 20%, targeted net income of $10,000. assume all other variables do not affect the cost volume profit relationship, if sales units (quantities) increase, fixed costs per unit: a. Increase b. decrease c. stays the same 2. For a manufacturing company has total monthly fixed costs of $100,000, variable cost per unit of $10, selling price per unit $15, income tax rate of 20%, targeted net income of $10,000. Assume all other variables do not affect the cost volume profit relationship, break even point in units is: 3. For a manufacturing company has total monthly fixed costs of $100,000, variable cost per unit of $10, selling price per unit $15, income tax rate of 20%, targeted net income of $10,000. Assume all other variables do not affect the cost volume profit relationship, the total sales needed to reach net income is: 4. Contribution margin is the same as gross margin for generally accepted accounting principles (GAAP). - TRUE OR FALSE a. Increase b. decrease c. stays the same 2. For a manufacturing company has total monthly fixed costs of $100,000, variable cost per unit of $10, selling price per unit $15, income tax rate of 20%, targeted net income of $10,000. Assume all other variables do not affect the cost volume profit relationship, break even point in units is: 3. For a manufacturing company has total monthly fixed costs of $100,000, variable cost per unit of $10, selling price per unit $15, income tax rate of 20%, targeted net income of $10,000. Assume all other variables do not affect the cost volume profit relationship, the total sales needed to reach net income is: 4. Contribution margin is the same as gross margin for generally accepted accounting principles (GAAP). - TRUE OR FALSE
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