21 Splurge Electronics sells homework machines for $80 each Variable costs per unit are $45 and total fixed costs are $43,750 Splurge is considering the purchase of new equipment that would increase fixed costs to $48,700, but decrease the variable costs per unit by $5 At that level, Splurge Electronics expects it can sell 1,500 units next year What is the company's break even point in units if it purchases the new equipment, assuming the selling price remains constant (Round your answer to the nearest whole number ) A 1,250 units B 1,218 units C 650 units D 2,312 units 22 MDI Enterprises prepared the following income statement for June Sales revenue (6,000 units) $150,000 Cost of goods sold Fixed costs $18,000 Variable costs 30,000 48,000 Gross profit 102,000 Operating expenses Fixed costs 27,000 Variable costs 12 000 39,000 Operating income $ 63,000 How much is MDI's total contribution margin A $120,000 B $108,000 C $105,000 D $93,000 9 Management of MRC Enterprises has provided the following output from Excel SUMMARY OUTPUT Statistics Multiple R 0 8939072 R Square 0 7990 702 Adjusted R2 0 7488377 Standard Error 10744 516 Observations 6 F 15 90745 ANOVA Regression Residual Total 1 SS 1836429 46177852 2298208 MS 1836429 11544463 Significance F 0 0162864 4 5 Lower Intercept X Variable 1 Coefficients 47757 05 6 364 Std Error 34958 30 1 595798 1 Stat 1 36611 3 98841 P value 0 24366 0 01628 Lower 95 49302 764 1 9340590 Upper 95 144816 88 10 795352 95 49302 1 9340 Upper 95 1448 16 8 10 79535 What is the estimated cost for a production level of 1,200 units A $1,730 B $55,394 C $7,636 D There is not enough information provided to determine the

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21  Splurge Electronics sells homework machines for $80 each  Variable costs per unit are $45 and total fixed costs are $43,750  Splurge is considering the purchase of new equipment that would increase fixed costs to $48,700, but decrease the variable costs per unit by $5  At that level, Splurge Electronics expects it can sell 1,500 units next year  What is the company's break even point in units if it purchases the new equipment, assuming the selling price remains constant  (Round your answer to the nearest whole number ) A  1,250 units B  1,218 units C  650 units D  2,312 units 22  MDI Enterprises prepared the following income statement for June  Sales revenue (6,000 units) $150,000 Cost of goods sold  Fixed costs $18,000 Variable costs 30,000 48,000 Gross profit 102,000 Operating expenses  Fixed costs 27,000 Variable costs 12 000 39,000 Operating income $ 63,000 How much is MDI's total contribution margin  A  $120,000 B  $108,000 C  $105,000 D  $93,000 9  Management of MRC Enterprises has provided the following output from Excel  SUMMARY OUTPUT Statistics Multiple R 0 8939072 R Square 0 7990 702 Adjusted R2 0 7488377 Standard Error 10744 516 Observations 6 F 15 90745 ANOVA Regression Residual Total 1 SS 1836429 46177852 2298208 MS 1836429 11544463 Significance F 0 0162864 4 5 Lower Intercept X Variable 1 Coefficients 47757 05 6 364 Std Error 34958 30 1 595798 1 Stat 1 36611 3 98841 P value 0 24366 0 01628 Lower 95  49302 764 1 9340590 Upper 95  144816 88 10 795352 95  49302 1 9340 Upper 95  1448 16 8 10 79535 What is the estimated cost for a production level of 1,200 units  A  $1,730 B  $55,394 C  $7,636 D  There is not enough information provided to determine the

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21. Splurge Electronics sells homework machines for $80 each. Variable costs per unit are $45 and total fixed costs are $43,750. Splurge is considering the

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