ACCT 505 FINAL EXAM GUIDE (NEW) SET 3 | VERIFIED ANSWERS

Document Content and Description Below

(TCO E) Preparing purchase orders is a(n) (Points : 5) batch-level activity. product-level activity. unit-level activity. organization sustaining activity. 2... . (TCO G) Given the following data, what would ROI be? Sales $70,000 Net operating income $10,000 Contribution margin $20,000 Average operating assets $50,000 Stockholder's equity $25,000 (Points : 5) 28.6% 20.0% 40.0% 50.0% 3. (TCO C) Heckaman Corporation produces and sells a single product. Data concerning that product appear below. Selling price per unit $115.00 Variable expense per unit $56.35 Fixed expense per month $299,115 Required: Determine the monthly breakeven in unit or dollar sales. Show your work! (Points : 25) [Show More]

Last updated: 1 year ago

Preview 1 out of 8 pages