Multiple Choice
Use the following information for questions
Swanson Company has two divisions; Sporting Goods and Sports Gear. The sales mix is 65% for Sporting Goods and 35% for Sports Gear. Swanson incurs $6,660,000 in fixed costs. The contribution margin ratio for Sporting Goods is 30%, while for Sports Gear it is 50%.
-What will be the total contribution margin at the break-even point?
A) $5,730,699
B) $6,660,000
C) $6,720,000
D) $7,740,000
Correct Answer:
Verified
Correct Answer:
Verified
Q82: Sales mix is a measure of the
Q83: In 2019, Carow sold 3,000 units at
Q84: Fixed selling expenses are period costs<br>A) under
Q85: Use the following information for questions <br>Nielson
Q86: Woolford's CVP income statement included sales of
Q88: The use of absorption costing facilitates cost-volume-profit
Q89: Use the following information for questions <br>Sprinkle
Q90: Which cost is charged to the product
Q91: In a sales mix situation, at any
Q92: The break-even point in dollars is variable