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

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

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