201-Exam 2-Ver1-ANS-F'09

201-Exam 2-Ver1-ANS-F'09 - Name Seat Number Recitation...

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- 1 - Name Recitation Section Number Seat Number MIDTERM II Management 201 - Fall 2009 1. This examination consists of 30 multiple-choice questions. Each question is worth 5 points; there are a total of 150 points on the exam. 2. You must sit in your assigned seat to take the exam. If you are not in the correct seat, you will lose 5 points. 3. Print and code your name, ID number, and your recitation section number on the computer answer sheet—your recitation section number has 4 numbers as listed below. The version number for your exam is listed below; put the version number in the blank listed Test. 4. Be sure to use a number 2 pencil and sign the answer sheet. 5. You will have 1.5 hours to complete the exam. The exam will end at 9:30 p.m. All multiple-choice questions must be coded on the answer sheet before the end of the examination period at 9:30. Please help us collect exams promptly when the exam is over. 6. It is not possible to answer questions during the exam since we cannot reach some people; hence, we will answer no questions during the exam time. 7. Use of unauthorized written materials, receiving or giving verbal or written assistance from or to another person during an exam is considered cheating. Any student discovered cheating in an examination will be given a grade of F for the course. Recitation Section Instructor Day and Time Room Sections: 0005 Arjun Venkataraman F 7:30AM - 8:20AM KRAN G018 0006 Arjun Venkataraman F 8:30AM - 9:20AM KRAN G018 0007 Nattanich Thongkraisaen F 9:30AM - 10:20AM KRAN G018 0008 Nattanich Thongkraisaen F 10:30AM - 11:20AM KRAN G018 0009 Monali Gadde F 11:30AM - 12:20AM KRAN G018 0010 Monali Gadde F 12:30AM - 1:20PM KRAN G018 0011 Avik Saha F 1:30PM - 2:20PM KRAN G018 0012 Avik Saha F 2:30PM - 3:20PM KRAN G018 0013 Avik Saha F 3:30PM – 4:20PM KRAN G018 0014 Avik Saha F 4:30PM – 5:20PM KRAN G018 Version 1 - 2 - 1. Gamma Company is a three-product company that is expecting to sell a total of 100,000 units next year. If Gamma does sell 100,000 units next year but not in the same sales mix as expected, which of the following are likely to be affected by this sales mix change? Net income for the year Breakeven point for the year A. Yes Yes B. Yes No C. No Yes D. No No Answer: A As the sales mix changes, the weighted average contribution margin changes; a change in the weighted average contribution margin will affect both net income and the breakeven point. 2. At the breakeven point: A. total sales would be equal to contribution margin. B. total contribution margin would be equal to the total fixed expenses. C. total contribution margin would be equal to net income. D. both A and B above are true. E. none of the above are true. Answer:
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201-Exam 2-Ver1-ANS-F'09 - Name Seat Number Recitation...

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