1.Teddy Dog Food Incorporated (TDFI) currently makes and sells one type and size of dog food, a 16 ounce bag of all-natural freeze-dried chicken.

Use the following data as your starting point for each question on this quiz:

TDFI sells each bag of food for $10.

The Variable Expense per bag of food is $6.

Fixed Expenses per month total $300.

TDFI currently sells 100 units of dog food.

What is the Contribution Margin per unit for TDFI?

$400

$1000

$10

$4

2.Teddy Dog Food Incorporated (TDFI) currently makes and sells one type and size of dog food, a 16 ounce bag of all-natural freeze-dried chicken.

Use the following data as your starting point for each question on this quiz:

TDFI sells each bag of food for $10.

The Variable Expense per bag of food is $6.

Fixed Expenses per month total $300.

TDFI currently sells 100 units of dog food.

If TDFI were to raise its selling price by $3, what would be the new Contribution Margin per unit for TDFI?

$13

$525

$700

$7

3.Teddy Dog Food Incorporated (TDFI) currently makes and sells one type and size of dog food, a 16 ounce bag of all-natural freeze-dried chicken.

Use the following data as your starting point for each question on this quiz:

TDFI sells each bag of food for $10.

The Variable Expense per bag of food is $6.

Fixed Expenses per month total $300.

TDFI currently sells 100 units of dog food.

If TDFI were to increase its variable cost per unit by $1, what would be the new Contribution Margin per unit for TDFI?

$7

$5

$3

$300

4.Teddy Dog Food Incorporated (TDFI) currently makes and sells one type and size of dog food, a 16 ounce bag of all-natural freeze-dried chicken.

Use the following data as your starting point for each question on this quiz:

TDFI sells each bag of food for $10.

The Variable Expense per bag of food is $6.

Fixed Expenses per month total $300.

TDFI currently sells 100 units of dog food.

If TDFI were to increase its variable expense per unit by $1, increase its fixed expenses by $90, and increase the number of units sold by 40%, what would be the new Contribution Margin for TDFI?

$800

$30

$1400

$420

5.Teddy Dog Food Incorporated (TDFI) currently makes and sells one type and size of dog food, a 16 ounce bag of all-natural freeze-dried chicken.

Use the following data as your starting point for each question on this quiz:

TDFI sells each bag of food for $10.

The Variable Expense per bag of food is $6.

Fixed Expenses per month total $300.

TDFI currently sells 100 units of dog food.

If TDFI were to increase its variable expense per unit by $1, increase its fixed expenses by $90, and increase the number of units sold by 40%, what would be the new Net Operating Income for TDFI?

$420

$800

$30

$1400