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  • 1.  Gleim page 296 MCQs 28-30

    Posted 07-26-2019 06:29 PM
    Hello,

    Can someone please explain the following:

    28. Where is the $26 from for UCM? Why are the adding 5+7+7+7. Why are they adding 7 three times?

    29. Where is the 3 from for ucm and 4 units

    30. How is ucm $19?

    I do not understand the book explanation so if someone has a different explanation it would be much appreciated. Thanks!


  • 2.  RE: Gleim page 296 MCQs 28-30

    Posted 07-27-2019 12:00 PM
    Part 2? Which book edition? My 2019 edition doesn't seem to match up.

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    Benjamin Dally
    Director/Manager
    South Saint Paul MN
    United States
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  • 3.  RE: Gleim page 296 MCQs 28-30

    Posted 07-27-2019 01:10 PM
    Yes part 2. 2018


    Sent from my iPhone



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  • 4.  RE: Gleim page 296 MCQs 28-30

    Posted 07-29-2019 12:36 AM
    Hi,

    The composite contribution margin is 26 that is because Plastic budgeted unit is 100,000 & Glass Frames budgeted units is 300,000 (total 400,000). I.e. the composite CM contains one Plastic frames unit and three Glass frames (one 5, three 7).

    Hope that helps on question 28.

    If you understand Q 28, 29 following the same logic.

    For question 30, the composite contribution margin is 19 because one 5, two 7. (150,000 plastic, 300,000 Glass)

    thus the break even units is (975000 /19)*3 = 153, 947   - choice C is the correct answer.

    Hope that helps,
    Sylvia



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  • 5.  RE: Gleim page 296 MCQs 28-30

    Posted 07-28-2019 06:58 AM
    Amedee, 

    They are updating the exam in 2020 and also have 2019 editions out now all you have to do is pay the shipping fee. It would behoove you to have the latest edition as they made some small change. 

    Please note if you plan to take part 2 in 2020 they have made some even more significant changes.

    Best,
    Mike
    --

    Michael J. Sirianni

    Mobile: +1 516 351 2160 (preferred)

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  • 6.  RE: Gleim page 296 MCQs 28-30

    Posted 07-28-2019 04:40 PM
    Hi Michael,

    II have the 2018 and I am scheduled to take it Oct 28 for part 2.  I have been studying for 6 months, and thats why I still have 2018.  I mostly use the test bank, but sometimes read the book

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    Amedee Barry
    Accountant
    South Pasadena CA
    United States
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    Original Message