Question
1. Brady Manufacturing has the following production and cost data for two products, Q and P: A total of 24,000 machine minutes are available each
1. Brady Manufacturing has the following production and cost data for two products, Q and P: A total of 24,000 machine minutes are available each period and there is unlimited demand for each product. What is the largest possible total contribution margin that can be realized each period?
Select one:
a. $120,000
b. $144,000
c. $456,000
d. $132,000
2.
Pevy Corporation has two divisions: Southern Division and Northern Division. The following data are for the most recent operating period: The common fixed expenses have been allocated to the divisions on the basis of sales. What is the company's overall net operating income if it operates at the break-even points for its two divisions?
Select one:
a. $(36,520)
b. $33,080
c. $0
d. $(206,520)
3.
Ginger Corporation produces a single product and has provided the following data for its most recent month of operations: There were no beginning or ending inventories. The unit product cost under variable costing was:
Select one:
a. $35 per unit
b. $32 per unit
c. $103 per unit
d. $33 per unit
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