1. Answer the following questions:

A) Nye Screens produces 10-foot outdoor movie screens for home use and sells the screens for $825 each. The company's variable cost is $275 per screen. Annual fixed costs related to the screen are $316,250. How many screens does the company need to sell to earn a profit of $2,000,000?

a. 8,423 screens

b. 3,062 screens

c. 4,212 screens

d. 2,808 screens

B) True or False: Breakeven is the level of sales for which profit equals zero.

C) True or False: The difference between an actual cost number and the budgeted cost number is called the cost VARIANCE.

D) Nye Screens produces 10-foot outdoor movie screens for home use and sells the screens for $825 each. The company's variable cost is $275 per screen. Annual fixed costs related to the screen are $316,250. How many screens does the company need to sell to break even?

a. 1,150 screens

b. 745 screens

c. 384 screens

d. 575 screens

E) Taveras Corporation predicts that total overhead expenses for 2021 will be $1,980,000. Taveras allocates overhead based on machine hours and estimates that there will be 165,000 machine hours in 2021. Taveras' 2021 predetermined overhead rate will be:

a. $1.98 per machine hour

b. $12.00 per machine hour

c. $0.08 per machine hour

d. $165,000 per machine hour