A recent income statement of Nixon Corporation reported the following data

# A recent income statement of nixon corporation

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12.A recent income statement of Nixon Corporation reported the following data:Sales revenue\$5,000,000Variable costs3,000,000Fixed costs1,600,000If these data are based on the sale of 10,000 units, the contribution margin per unit would be: A. \$40. B.\$140. C.\$200. D.\$460. E.an amount other than those given above. 13.A recent income statement of Fox Corporation reported the following data:Sales revenue\$3,600,000Variable costs1,600,000Fixed costs1,000,000If these data are based on the sale of 10,000 units, the break-even point would be: 14.A recent income statement of Yale Corporation reported the following data:Sales revenue\$2,500,000Variable costs1,500,000Fixed costs800,000If these data are based on the sale of 5,000 units, the break-even sales would be: 15.Cornell, Inc., sells a single product for \$10. Variable costs are \$4 per unit and fixed costs total \$120,000 at a volume level of 10,000 units. Assuming that fixed costs do notchange, Cornell's break-even point would be: 16.Green, Inc., sells a single product for \$20. Variable costs are \$8 per unit and fixed costs total \$120,000 at a volume level of 5,000 units. Assuming that fixed costs do notchange,Green's break-even sales would be: A. \$160,000. B. \$200,000. C. \$300,000. D. \$480,000. 5-4
17.Orion recently reported sales revenues of \$800,000, a total contribution margin of \$300,000, and fixed costs of \$180,000. If sales volume amounted to 10,000 units, the company's variable cost per unit must have been: 18.LMS has a break-even point of 40,000 units. If the firm's sole product sells for \$20 and fixed costs total \$240,000, the variable cost per unit must be: 19.Ribco Co., makes and sells only one product. The unit contribution margin is \$6 and the break-even point in unit sales is 24,000. The company's fixed costs are: 20.The contribution-margin ratio is: A.the difference between the selling price and the variable cost per unit. B.fixed cost per unit divided by variable cost per unit. C.variable cost per unit divided by the selling price. D. unitcontribution margin divided by the selling price. E. unit contribution margin divided by fixed cost per unit.

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• Fall '16
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