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Unformatted text preview: breakeven at the new, higher sale price? A) Between 9,000 and 10,000 units B) Between 5,500 and 7,500 units C) Between 4,000 and 5,000 units D) Between 16,000 and 17,000 units SM 121 Quiz November 17, 2010 Name: Section: ____ 4. If fixed costs decrease 10%, contribution margin at the old sale price would: A) increase 10% B) decrease 10% C) impossible to determine with the given data D) remain the same Bonus: White Motors produces a single car model selling for $80,000 per car. Variable costs are $35,000 per unit and total fixed costs are $12,000,000. What is the Contribution Margin ratio? A) 210% B) 98% C) 84% D) 138% E) 56 SM 121 Quiz November 17, 2010 Name: Section: ____...
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This note was uploaded on 01/09/2011 for the course SMG 121 taught by Professor Arnold during the Spring '08 term at BU.
- Spring '08