4. Solen Corporation's break-even-point in sales is $940,000, and its variable expenses are 80% of sales. If the company lost $44,000 last year, sales must have amounted to:

$896,000

$852,000

$720,000

$708,000

5. Minist Corporation sells a single product for $20 per unit. Last year, the company's sales revenue was $285,000 and its net operating income was $45,500. If fixed expenses totaled $97,000 for the year, the break-even point in unit sales was:

14,250

7,125

16,525

9,700

6. The Clyde Corporation's variable expenses are 35% of sales. Clyde Corporation is contemplating an advertising campaign that will cost $23,000. If sales increase by $73,000, the company's net operating income will increase by:

$25,550

$24,450

$2,550

$62,400

7. Steeler Corporation is planning to sell 120,000 units for $3.10 per unit and will break even at this level of sales. Fixed expenses will be $108,000. What are the company's variable expenses per unit?

$0.90

$2.79

$2.20

$1.30

8. Frank Corporation manufactures a single product that has a selling price of $30.00 per unit. Fixed expenses total $36,000 per year, and the company must sell 4,000 units to break even. If the company has a target profit of $18,000, sales in units must be:

5,636

4,600

6,000

5,200

11.

A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations:

Units in beginning inventory 0

Units produced 4,800

Units sold 4,700

Units in ending inventory 100

Variable costs per unit:

Direct materials $ 57

Direct labor $ 59

Variable manufacturing overhead $ 22

Variable selling and administrative $ 20

Fixed costs:

Fixed manufacturing overhead $ 100,800

Fixed selling and administrative $ 47,000

What is the variable costing unit product cost for the month?

$158 per unit

$179 per unit

$138 per unit

$143 per unit

12. Olds Inc., which produces a single product, has provided the following data for its most recent month of operations:

Number of units produced 6,900

Variable costs per unit:

Direct materials $139

Direct labor $126

Variable manufacturing overhead $7

Variable selling and administrative expense $12

Fixed costs:

Fixed manufacturing overhead $248,400

Fixed selling and administrative expense $538,200

There were no beginning or ending inventories. The absorption costing unit product cost was:

$265 per unit

$308 per unit

$272 per unit

$398 per unit

13. A company produces a single product. Variable production costs are $12.6 per unit and variable selling and administrative expenses are $3.6 per unit. Fixed manufacturing overhead totals $42,000 and fixed selling and administration expenses total $46,000. Assuming a beginning inventory of zero, production of 4,600 units and sales of 3,900 units, the dollar value of the ending inventory under variable costing would be:

$8,820

$15,120

$11,340

$6,300

14. A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations:

Selling price $164

Units in beginning inventory 0

Units produced 12,100

Units sold 11,700

Units in ending inventory 400

Variable cost per unit:

Direct materials $52

Direct labor $50

Variable manufacturing overhead $7

Variable selling and administrative $4

Fixed costs:

Fixed manufacturing overhead $411,400

Fixed selling and administrative $163,800

What is the total period cost for the month under variable costing?

$411,400

$210,600

$575,200

$622,000

15. A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations:

Selling price $143

Units in beginning inventory 0

Units produced 2,820

Units sold 2,770

Units in ending inventory 50

Variable cost per unit:

Direct materials $47

Direct labor $23

Variable manufacturing overhead $14

Variable selling and administrative $11

Fixed costs:

Fixed manufacturing overhead $95,880

Fixed selling and administrative expenses $19,390

The total gross margin for the month under absorption costing is:

$69,250

$19,390

$122,160

$132,960

16. Brummitt Corporation has two divisions: the BAJ Division and the CBB Division. The corporation's net operating income is $12,600. The BAJ Division's divisional segment margin is $85,600 and the CBB Division's divisional segment margin is $49,900. What is the amount of the common fixed expense not traceable to the individual divisions?

$98,200

$122,900

$62,500

$135,500

17. Koen Corporation has two divisions: Division A and Division B. Last month, the company reported a contribution margin of $41,600 for Division A. Division B had a contribution margin ratio of 45% and its sales were $271,000. Net operating income for the company was $34,000 and traceable fixed expenses were $59,100. Koen Corporation's common fixed expenses were:

$70,450

$59,100

$129,550

$163,550

18. Insider Corporation has two divisions, J and K. During March, the contribution margin in Division J was $50,000. The contribution margin ratio in Division K was 40%, its sales were $145,000, and its segment margin was $52,000. The common fixed expenses in the company were $60,000, and the company's net operating income was $28,000. The segment margin for Division J was:

$36,000

$52,000

$8,000

$88,000