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1.Awtis Corporation has a margin of safety percentage of 25% based on its actual sales. The break-even point is $322,800 and the variable expenses are

1.Awtis Corporation has a margin of safety percentage of 25% based on its actual sales. The break-even point is $322,800 and the variable expenses are 45% of sales. Given this information, the actual profit is:

Multiple Choice

  • $86,080
  • $59,180
  • $16,140
  • $44,385

2.Data concerning Bedwell Enterprises Corporation's single product appear below:

Selling price per unit$230.00 Variable expenses per unit$98.50 Fixed expense per month$451,190

The unit sales to attain the company's monthly target profit of $33,000is closest to:(Do not round intermediate calculations.)

  • 3,431
  • 2,105
  • 4,916
  • 3,682

3.Rovinsky Corporation, a company that produces and sells a single product, has provided its contribution format income statement for November.

Sales (6,400 units)$403,200 Variable expenses275,200 Contribution margin128,000 Fixed expenses103,500 Net operating income$24,500

If the company sells 6,300 units, its net operating income should be closest to:(Do not round intermediate calculations.)

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Multiple Choice

  • $23,979
  • $22,500
  • $24,500
  • $20,000

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