chapter 18 quiz

chapter 18 quiz - 1 Question: Gould Enterprises sells...

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1 Question: Gould Enterprises sells computer disks for $1.50 per disk. Unit variable expenses total $.90. The breakeven point in units is 3,000, and budgeted sales in units are 4,300. What is the margin of safety in dollars? $4,500 $1,950 $2,580 $780 Question 2 - True/FalseID: 5630563 - The correct answer has been circled. Question: To find the number of units that must be sold to achieve a desired operating income, total fixed expenses plus the desired operating income are divided by the contribution margin ratio. True False Question 3 - Multiple ChoiceID: 5630573 - Correct Question: Which of the following statements is correct, if total fixed costs decrease while the sales price per unit and variable costs per unit remain constant? The contribution margin increases The breakeven point increases The contribution margin decreases The breakeven point decreases Question 4 - Multiple ChoiceID: 5630555 - Correct Question: Pennell Company gathered the following information for the year ended December 31, 2009 Fixed costs Manufacturing $165,000 Marketing $52,000
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chapter 18 quiz - 1 Question: Gould Enterprises sells...

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