231
Output rises from 2,000 units to 2,500 units and variable cost per unit remains $8. What is total variable cost at 2,500 units?
232
A company sells 1,000 units at $15 each. What is total sales revenue?
233
A business buys equipment on credit for $9,000. What is the immediate accounting effect?
234
A company receives a bank loan of $50,000 in cash. What is the effect on equity at the moment of borrowing?
235
A company has opening retained earnings of $35,000, profit of $12,000, and dividends of $4,000. What are closing retained earnings, ignoring other movements?
236
If output is 800 units and fixed factory overhead is $16,000, what is fixed overhead per unit at that output level?
237
A product sells for $40, variable cost is $25, and fixed costs total $45,000. What is break-even volume?
238
A company has cash of $10,000, receivables of $25,000, inventory of $15,000, and current liabilities of $25,000. What is the current ratio?
239
Using the figures in the previous question, what is the quick ratio?
240