{[ promptMessage ]}

Bookmark it

{[ promptMessage ]}

Quiz17

# Quiz17 - Quiz Chapter 17 1 Rider Company sells a single...

This preview shows pages 1–2. Sign up to view the full content.

Page 1 Quiz – Chapter 17 1. Rider Company sells a single product. The product has a selling price of \$40 per unit and variable expenses of \$15 per unit. The company's fixed expenses total \$30,000 per year. The company's break-even point in terms of total dollar sales is: A) \$100,000. B) \$80,000. C) \$60,000. D) \$48,000. Use the following to answer questions 2-3: Weiss Corporation produces two models of wood chairs, Colonial and Early American. The Colonial sells for \$60 per chair and the Early American sells for \$80 per chair. Variable expenses for each model are as follows: Colonial Early American Variable production cost per unit. ...... \$35 \$48 Variable selling expense per unit . ...... 9 8 Total fixed expenses are \$39,600 per month. Expected monthly sales are: Colonial, 1,800 units; Early American, 600 units. 2. The contribution margin per chair for the Colonial model is: A) \$51. B) \$16.

This preview has intentionally blurred sections. Sign up to view the full version.

View Full Document
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

### Page1 / 4

Quiz17 - Quiz Chapter 17 1 Rider Company sells a single...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document
Ask a homework question - tutors are online