15 Why is it important for management accountants to conform to the provisions of the CIMA Code of Ethics for Management Accounting? Marted out of log question ca a loss of trust in managerial accounting could cause a company to lose shareholders O b. managers make key business decisions based on the information they provide O poor ethics could result in faulty income tax reporting d. company could lose investors due to poor accounting practices Clear my choice 16 Howler Company expects to sell 60,000 units next year, Variable production costs are st per unit, and variable selling costs are 10% of the selling price, fed expenses are $115,000 per year, and the company has set a target profit of $50.000 Based on this information, what should be the unit selling price bie? STO 14 The most recent income statement for the Strongsville Branch of the July Company is presented below. Sales... $57.000 out of Variable costs $31.500 Contribution margin..._$25,500 Fixed costs Avoidable $13,500 Unavoidable $20.000 Operating income $(8.000) The July Company is thinking of eliminating the Strongsville Branch because it is showing a loss. If the Strongsville Branch is eliminated, what effect (if any) will there be on July's operating income? a. Net Income would not be affected b. decrease $31,500. declase $12,000 di increase 58,000 Clear my choice Howler Company expects to sell 60,000 units next year. Variable production costs are $4 per unit, and variable selling costs are 10% of the selling price. Fixed expenses are $115,000 per year, and the company has set a target profit of $50,000 Based on this information, what should be the unit selling price be? O a. 57.00 b. 510.75 OC 56.75 $7.50 Clear my choice o a Curson 12 Note the sales price per unit is $100, the unit variable cost is $75, and total fixed costs are $150,000, what is the break-even volume in dollar sales rounded to the nearest whole dollar? Moto aggio $150,000 . S60L3000 5200,000 d. 515.00 Clear my choice Do 12 if the sales price per unit is $100, the unit variable cost is $75, and total fixed costs are $150,000, what is the break-even volume in dollar sales rounded to the nearest whole dollar? Marked out of 100 guestion $150,000 6.3600,000 $200,000 od $1,500 Gear my choice 13 In situations where management must decide between accepting or rejecting a onetime-only special order where there is sufficient idle capacity to fill the order which one of the following is NOT relevant in making the decision? Not yet Marked out of O a variable costs b. incremental costs liggestion differential costs d. absorption costing unit product costs clear my choice