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6) Which of the following types of companies would typically use process costing rather 6) than job-order costing? A) A small appliance repair shop. B)
6) Which of the following types of companies would typically use process costing rather 6) than job-order costing? A) A small appliance repair shop. B) A specialty equipment manufacturer. C) A manufacturer of commercial passenger aircraft. D) A breakfast cereal manufacturer. 7) If the degree of operating leverage is 4, then a one percent change in quantity sold7) should result in a four percent change in: A) revenue. C) variable expense. B) net operating income. D) unit contribution margin. 8) Jlk Inc.'s contribution margin ratio is 60% and its fixed monthly expenses are S5 1,000-8)- Assuming that the fixed monthly expenses do not change, what is the best estimate of the company's net operating income in a month when sales are $144,000? A) $35,400 B) $93,000 C) $6600 D) $86,400 9) Ferkil Corporation manufacturers a single product that has a selling price of $50.00 per 9) unit. Fixed expenses total $88,000 per year, and the company must sell 8000 units to break even. If the company has a target profit of $16,500, sales in units must be: A) 8773 units B) 9500 units C) 9760 units D) 8330 units 10) 10) Which of the following would not affect the break-even point? A) number of units sold C) total fixed expense B) selling price per unit D) variable expense per unit
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