38) A company's proportion of fixed costs to variable costs is called its D) target profit C) cost structure B) mixed cost A) relevant range 39) 39) The highest value of total cost was $75,000 in June for Mantilla Beverages Inc. Its lowest value of total cost was $50,000 in December. The company makes a single product. The production volume in June and December were 13,000 and 8,000 units, respectively. What is the variable cost per month? C) $5.00 per unit D) $6.25 per unit A) $5.77 per unit B) 19.38 per unit 40) 40) The Perfect Fit Company sells hand sewn shirts at $40 per shirt. It incurs monthly fixed costs of 15.000. The contribution margin ratio is calculated to be 20%, what is the variable cost per shirt? C) $32 per shirt D) $40 per shirt B) 138 per shirt A) $48 per shirt 41) The phone bill for a corporation consists of both fixed and variable costs. Refer to the 4-month data 41) below and apply the high-low method to answer the question. anuary460 3,000 February March April 200$2,675 1602,625 3002,800 If the company uses 380 minutes in May, how much will the total bill be? A) 12,900 B) $2,425 C) $2,478 D) 13767 42) Popeye's, a local convenience store, sells soft drinks. It sells two large drinks for every small drink. 42) A large drink sells for $1.50 with a variable cost of $0.60. A small drink sells for $1.00 with a variable cost of $0.50. The weighted average contribution margin is: (Round your intermediate calculations and final answer to two decimal places.) A) $1.15 per drink. D) $0.77 per drink. B) $2.30 per drink. C)10.60 per drink. 43) The phone bill for a company consists of both fixed and variable costs. Refer to the 4-month data 43) below and apply the high-low method to answer the question. (Round your intermediate calculations to two decimal places) Minutes Total Bill 460 3,000 200 $2,675 160$2,625 300 2,800 anuary ebruary March ri What is the fixed portion of the total cost? A) 12,225 B) $2,625 C) $2,425 D) $1,850