# Refer to moonbeam corporation how many total units

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51.Refer to Moonbeam Corporation. How many total units would the company have needed to sell tobreak even?a.3,750b.750c.3,600d.1,800ANS: ALet B = 1.5A3A + 2(1.5A) - \$9,000 = \$06A - \$9,000 = \$0A = 1,500B = 2,250Total units = 3,750
PTS:1DIF:ModerateOBJ:9-4NAT:AACSB: Analytical SkillsLOC:AICPA Functional Competencies: Measurement, Reporting52.Refer to Moonbeam Corporation. If the company would have sold a total of 6,000 units, consistentwith CVP assumptions how many of those units would you expect to be Product B?
PTS:1DIF:ModerateOBJ:9-4NAT:AACSB: Analytical SkillsLOC:AICPA Functional Competencies: Measurement, Reporting
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Chapter 91653.Refer to Moonbeam Corporation. How many units would the company have needed to sell to producea profit of \$12,000?
PTS:1DIF:ModerateOBJ:9-4NAT:AACSB: Analytical SkillsLOC:AICPA Functional Competencies: Measurement, ReportingJohn Anderson CompanyBelow is an income statement for John Anderson Company:Sales\$300,000Variable costs(150,000)Contribution margin\$150,000Fixed costs(100,000)Profit before taxes\$ 50,00054.Refer to John Anderson Company.What was the company's margin of safety?
PTS:1DIF:ModerateOBJ:9-5NAT:AACSB: Analytical SkillsLOC:AICPA Functional Competencies: Measurement, Reporting
Chapter 91755.Refer to John Anderson Company. If the unit sales price for John Anderson’s sole product was \$10,how many units would it have needed to sell to produce a profit of \$40,000?a.27,500b.29,000c.28,000d.can't be determined from the information givenANS: CContribution Margin at \$40,000 profit:\$(40,000 + 100,000) = \$140,000Contribution Margin Ratio: 0.50\$140,000 / .50 = \$280,000\$280,000 / \$10 = 28,000 units
PTS:1DIF:ModerateOBJ:9-3NAT:AACSB: Analytical SkillsLOC:AICPA Functional Competencies: Measurement, Reporting56.A firm estimates that it will sell 100,000 units of its sole product in the coming period. It projects thesales price at \$40 per unit, the CM ratio at 60 percent, and profit at \$500,000. What is the firmbudgeting for fixed costs in the coming period?
PTS:1DIF:ModerateOBJ:9-3NAT:AACSB: Analytical SkillsLOC:AICPA Functional Competencies: Measurement, Reporting

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Term
Fall
Professor
GREEN
Tags
AICPA Functional Competencies
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Chapter 9 / Exercise E9-18
Survey of Accounting
Warren
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