11. Cost-volume-profit analysis is the study of the effects of a) changes in costs and volume on a company's profit. b) cost, volume, and profit on the cash budget. e) cost, volume, and profit on various ratios. d) Changes in costs and volume on a company's profitability ratios. 12. What is the key factor in determining sales mix if a company has limited resources? a) Contribution margin per unit of limited resource b) The amount of fixed costs per unit. c) Total contribution margin. d) The cost of limited resources. Each division has hundreds 13. MacCloud Industries has two divisions-Standard and Premium. of different types of tennis racquets and ten nis products. The following information is available: Standard Division Premium Division Total $400,000 280,000 $120,000 $600,000 360,000 Sales Variable costs Contribution margin $240,000 $320,000 Total fixed costs What is the break-even points in dollars? a) $115,200. b) $888,889. c) $914,286. d) $941,117. 4. Hinge Manufacturing's cost of goods sold is $420,000 variable and $240,000 fixed. Th company's selling and administrative expenses are $300,000 variable and $360,000 fixed. T company's sales are $1,480,000. What is its contribution margin? a) $160,000. b) $760,000 c) $820,000. d) $880,000