7. A company produces key chains. The data inclode pice S fixed cost $3,000 and tax rate 30% The owner per month. How many key chains must be probucod and wold to mect hai gal a. 24,000. b. 30,000. . 32,000. d. 36,000. , unit varable wants to earn an afhor-tas peii of 51 cont 5 8. When more than one product is involved. a. The CVP method reaches its limit. b, No particular assumption is c. A fixed product mix will produce a uniqoe break-even solusicon. d. W needed to calculane the break even volame eighted-average product mix method can be used 9. A start-up company manufactures two products: X is sold for $5 wid variable coss of s each; Y is sold for SS with variable cost of $4 each. An annual Sixed cost of S10,000s projected. The marketing department estimates a 3.1 nio betaeX and of X must be sold to break even for the first year of operation a. 3,000 b. 3.600, c. 1,000. d. 1,500. How manyns 10. CVP analysis a. Requires certain assumptions to be made b. Is inherently limited by its applicability c. Usually assumes unit variable cost to be constantly changing d. Does not allow for alternative assumptions. 11. In October, Fashionable Closhing manufactured 2,000 items with the lewing innial Direct materials $12,000, Sales $48,000, Direct laber $16,000, Deprociation 53,600 R $1,500, and Variable overhead $9,000. statement amounts: How much is contribution margin per unit? a S5.5 b. $2.95. c. 53.4. b. The break-even sales volume is not considerod c. Margin of safety is expressed in sales dellars only 2. Which of the following statements regarding margia of salety is comeert? The margin of safety indicates the risk of losing money a. d. The higher the fixed costs, the lower the margin of slety