Unformatted text preview: she expects to use 300 gallons of water. She has the following information from the last three months to help her: Usage Cost 200 gallons $300 C 150 gallons $250 400 gallons $500 Using the hilo method what should she expect her bill to be? a. $100 b. $200 c. $400 d. $500 3: Carter is currently selling her product for $150 and has a 30% contribution margin ratio. If she also has a total of $450,000 of fixed costs then her break even point in units is closest to: B a.4,286 b.10,000 c. $10,000 d.$4,286...
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 Spring '10
 Smith
 Financial Accounting, Contribution Margin, Contribution Margin Ratio, Luci, Cost Estimated Activity

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