12 Dollar sales to breakeven" equal a. Variable costs divided by Unit contribution margin b. Fixed costs divided by Unit contribution margin c. Fixed costs divided by contribution margin ratio. d. Profit divided by Unit contribution margin. Questions 13 and 14 are based on the following information A club is planning an event. The following costs are expected: Dinner per person $22 Gift Items per person Band $2,000 Hall rental 900 Tickets and advertising 700 The club would like to charge $35 per person for the evening's activities. 13. The breakeven point for the activity in terms of how many tickets need be sold would be a. 180 c. 360 b. 260 d. 420 e. None of the above. The answer is 14. Assume that only 300 people will buy tickets. What price per ticket must be charged in order to breakeven? a. $33 b. 37 c. 41 d. 43 e None of the above. The answer is 15. PAX Corporation, a company that produces and sells a single product, has provided the following information for the month: Sales 15,000 units] $205,000: Variable expenses $125,000 fred expenses $62,400. If relationships remain the same and 6,000 units are sold next month, the net operating Income for next month should be closest to: a. $29,400 b. 33,600 c34,600 d. 39,300 e. None of the above. The answer is 16. A job order cost sheet is used to accumulate costs for a particular job. Which of the following would typically be entered on a job-order cost sheet: a. Ending Inventory of materials used on the job. b. Actual salary of employee doing the job. c. Electricity costs to power production equipment d. All of the above 17. Job-order Costing is particularly useful in assigning costs to jobs or activities with the Characteristics of a project. Which of the following companies would be LEAST likely to use Job-order costing a. A marketing firm hired to do a marketing campaign b. A CPA firm hired to do an audit. c. A management firm hired as a consultant d. A manufacturing firm producing a multiple products 18 The formation raided the folwing estimated costs for next year