1.

Halley, Inc. manufactures and sells aluminum softball bats. They only manufacture one type of bat, the Destroyer. The sales price for each bat is $140, with variable costs of $65 per bat, and monthly fixed costs of $ 17,500. The income tax rate is 30%. If Halley increases the sales price by 10%, variable costs increase by 20%, fixed costs increase by 15%, what is his new break-even points in bats?

Select one:

a. 3,220

b. 3,178

c. 2,763

d. 265

2.

Halley, Inc. manufactures and sells aluminum softball bats. They only manufacture one type of bat, the Destroyer. The sales price for each bat is $140, with variable costs of $65 per bat, and monthly fixed costs of $ 17,500. The income tax rate is 30%. If Halley increases the sales price by 10%, variable costs increase by 20%, fixed costs increase by 15%, and wants an after-tax profit of $120,000, how many bats will he need to sell?

Select one:

a. 6,100

b. 5,506

c. 5,433

d. 4,757

3.

Regression analysis can be used to determine if a cost is fixed, mixed, or variable. If a regression is performed, with sales in units as the independent variable and a specific cost as a dependent variable, what is the best explanation of the slope of the line?

Select one:

a. It is the fixed cost per unit

b. It is the variable cost per unit

c. It is the number of units sold to break-even

d. It is the contribution margin per unit

4.

Regression analysis can be used to determine if a cost is fixed, mixed, or variable. If a regression is performed, with sales in units as the independent variable and a specific cost as a dependent variable, what is the best explanation of the y-intercept?

Select one:

a. Fixed cost per unit

b. Total fixed cost

c. Variable cost per unit

d. Total variable costs

5.

Regression analysis can be used to determine if a cost is fixed, mixed, or variable. If a regression is performed, with sales in units as the independent variable and a specific cost as a dependent variable, which variable(s) will be used in the after-tax profit equation if the adjusted r-squared is 0.85?

Select one:

a. The slope of the line

b. The y-intercept

c. Both the slope of the line and the y-intercept

d. Neither the slope of the line nor the y-intercept