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6) To find the number of units that need to be sold to break even the formula used could be A) fixed expenses + contribution

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6) To find the number of units that need to be sold to break even the formula used could be A) fixed expenses + contribution margin per unit. B) contribution margin per unit + fixed expenses. C) fixed expenses + contribution margin ratio. D) contribution margin ratio + fixed expenses. 7) The selling price of a particular product is $11.00 per unit, fixed costs total $13,650, and the breakeven sales in dollars is $21,000, What would be the variable expense per unit? 6) A) $5.92 B) 57.15 c) 53.85 D) $18,15 8) If the selling price per unit is $35.00, the variable expense per unit is $7.00, and the breakeven sales in dollars is $466,000, what are total fixed expenses? (Round unit amounts up to the nearest unit and round your final answer to the nearest dollar.) A) $13,315 B) $476 C) $372,820 D) $1,864,000 9) Light Me Up Lamps has variable expenses of 40% of sales and monthly fixed expenses of $240,000. The monthly target operating income is $60,000. What is the monthly margin of safety in dollars if light Me Up Lampsachicves its operating income goal? A) $100,000 B) $600,000 C) $500,000 D) $300,000 10) Crisp Corporation has a monthly target operating income of $38,500. Variable expenses are 30% of sales and monthly fixed expenses are $10,500. What is the monthly margin of safety as a percentage of target sales in dollar? A) 12.73% B) 78.57% C) 70.00% D) 36.67% 11) The manager at Tom's Taxidermy expects to sell 1,100 units at $70 each unit. In order for the manager to break even, the manager must sell 1,000 units. What is the margin of safety in dollars? 9) A) $7,000 B) $144,900 C) 5147,000 D) 577,000 12) A company's margin of salety is computed as 12) A) actual sales - expected sales. C) expected sales - suks at breakevent. B) expected ralos - actual sales. 11) 10) 8) 7)

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