2 () 1 Smart company Sold 11,000 softwares during current year For $440,000, Variable costs are $110,000 and $48,000 of fixed costs. If sales increase by $60,000, operating income will increase by $10,000 O $45,000 O $60,000 O $40,000 O 2 () 2 Smart Company sells 100 units for $7,000 of sales revenue, $3,000 of variable costs, and $1,500 of fixed costs. Contribution margin per unit is $55 O $10 O $40 O $4 O. 3 () 3 Sales total $400,000 when variable costs total $200,000 and fixed costs total $50,000. The breakeven point in sales dollars is $100,000 O $210,000 O $170,000 O $200,000 O 2 () 4 :assume the followings Selling price is $800 per unit, Variable costs are $400 per unit, and Total fixed costs are $125,000 The number of units that the company must sell to reach targeted operating income of $25,000 is units 375 0 units 6,00 units 7,500 O units 750 2 () 5 The margin of safety is the difference between budgeted revenues and breakeven revenues actual operating income and budgeted operating income budgeted expenses and O breakeven expenses actual sales margin and O budgeted sales margin 2 () 7 What is the total overhead cost ?of Job 25 $17500 O $45000 O $55780 O $28750 O 2 () 9 ABC manufactured 1,500 units of its product. It incurred $75,000 of direct materials and $ 75,000 of conversion cost the company had no beginning or ending inventory. What will be the total cost per unit of the ?product $150 O $30 O $100 O $90 O 3 () ) 11 What costs would be allocated with normal and abnormal spoilage, respectively, using the FIFO method of process ?costing $37,440;$21,060 O $37,440;$12,960 O $8,000;$16,000 O $12,960;$14,400 O Which of the following entries is correct when the costs of the rework is normal and common ?to all the jobs 3 () 13 When the amount of scrap is material and the scrap is sold immediately after it is produced, which of the following is the journal entry if the scrap attributable to a specific job is ?sold on account Dr. Work-in-Process Control O Cr. Accounts Receivable Dr. Work-in-Process Control O Cr. Accounts Payable Dr. Scrap Revenues O Dr. Accounts Payable Dr. Accounts Receivable O Cr. Work-in-Process Control 2 () 15 What is the direct materials cost per equivalent unit during March $995 O $950 O $636 0 $313 0 2 () 17 What amount of direct materials costs is assigned to the ending Work-in-Process ?account for March $75,075 0 $31,363 O $95,000 O $63,636 0