5. Straight Line Depreciation is an example of what type of Cost A. Step Costs B. Fixed cost C. Mixed costs D. Variable cost 6. If the sales price per unit is 10 dollars and the variable cost is 4 dollars per unit, what is the contribution margin? A. B. C. D. 40% 6 60% 4 7. Managerial accounting is primarily focused on: A. Providing information to external users B. Only Past Data C. Providing managers with relevant information to help achieve organizational goals D. Generally Accepted Accounting Principles 8. True or False The difference in calculating break even in units and break even in dollars in the denominator - The denominator for units is contribution margin and the denominator for dollars is contribution margin ratio 9. If your breakeven point in units is 40 units, your sales price is 20 per unit and your variable cost is 5 dollars per unit, what is your fixed costs? a. 1,000 b. 600 c. 500 d. Cannot determine with data given 10. If company A has a sales price per unit of 60 dollars and a variable cost of 40 dollars per unit, fixed costs of 100,000 and sold 15,000 units, what is the profit? a. 350,000 b. 50,000 c. 200,000 d. Cannot determine with data given