$1,177,693.15
A company has fixed costs of $90,000. Its contribution margin ratio is 30% and the
product sells for $75 per unit. What is the company's break-even point in dollar sales?
$300,000
Lee company manufactures and sells widgets for $2 per unit. Its variable costs per unit
is $1.70. Lee's total fixed costs are $10,500. How many widgets must Lee company sell
to break even
35,000
The Haskins Company manufactures and sells radios. Each radio sells for $23.75 and
the variable costs per unit is $16.25. Haskin's total fixed costs are $25,000, and
budgeted sales are 8,000 units. What is the contribution margin per unit?
$7.50
Ginger company's product has a contribution margin per unit of $11.25 and a
contribution margin ratio of 22.5%. What is the selling price of the product?
$50
Which of the following describes the behavior of the fixed cost per unit?
Remains constant with changes in production
Which of the following costs is a mixed cost?
Electricity costs of $3 per kilowatt-hour
If sales are $425,000, variable costs are 62% of sales, and operating income is
$50,000, what is the contribution margin ratio?
38%
Variable costs as a percentage of sales for Lemon Inc. are 80%, current sales are
$600,000, and fixed costs are $130,000. How much will operating income change if
sales increase by $40,000
$8000 increase
If fixed costs are $1,200,000, the unit selling price is $240, and the unit variable costs
are $110, what is the amount of sales required to realize an operating income of
$200,000
10,769 units
If fixed costs are $400,000 and the unit contribution margin is $20, what amount of units
must be sold in order to have a zero profit?
20,000 units
The difference between current sales revenue and the sales at the break-even point is
called the:
margin of safety
A product sells for $30 per unit and has variable costs of $18 per unit. The fixed costs
are $720,000. If the variable costs per unit were to decrease to $15 per unit and fixed