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Joe's Tax Service prepares tax returns for low-to middle-income taxpayers. Its service operates January 2 through April 15 at a counter in a local grocery store. All jobs are classified into one of three categories: standard, multiform, and complex. Following is information for last year. Also, last year, the fixed cost of rent, utilities, and so forth were $55,000. Standard Multiform ComplexBilling rate $135 $260Average variable costs (30) (75) (150)Average contribution margin $30 $60 $110Number of returns prepared 1,750 500 250Required(a.) Determine Joe's break-even dollar sales volume.-Round contribution margin to three decimal places.-Round break-even sales volume to the nearest dollarProduct Weighted Selling Price Weighted Contribution MarginStandard Multiform Complex Total Contribution margin ratio:Break-even sales volume:(b.) Determine Joe's margin of safety in sales dollars. Round answer to the nearest whole number

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How do you calculate the average variable cost?

Decide the common variable cost: The average variable fee is determined by dividing the overall variable value by the quantity produced. Subtract the average variable cost from the average overall fee: this can give you the average fixed cost per unit.

Average variable cost (AVC) is the variable value in keeping with a unit of total product (TP). To calculate AVC, divide variable price at a given total product stage by means of that total product. This calculation yields the value in line with a unit of output. AVC tells the firm whether the output level is doubtlessly profitable.

Learn more about Average variable cost (AVC) here: https://brainly.com/question/15090375

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