10. Last year, Twins Company reported $750,000 in sales (25,000 units) and a net operating income of $25,000. At the break-even point, the company's total contribution margin equals $500,000. Based on this information, the company's: A. contribution margin ratio is 40%. B. break-even point is 24,000 units. C. variable expense per unit is $9 D. variable expenses are 60% of sales, 11. Manufacturing overhead: A. is a part of conversion cost. B. includes the costs of shipping finished goods to customers. C. includes all factory labor costs. D. includes all fixed costs. 12. The cost of fire insurance for a manufacturing plant is generally considered to be a: A. product cost. B. period cost. C. variable cost D. all of these 13. The following costs were incurred in August: Direct materials Direct labor Manufacturing overhead Selling expenses Administrative expenses $37.000 SI 4,000 $38.000 $10.000 $28.000 Conversion costs during the month totaled: A. S127,000 B. $51,000 C. $52.000 D. $75,000 Sent from Yahoo Mail on Android