1. A company that desires to lower its break-even point should strive to:
   1. Achieve more than one of the answers listed
   2. Increase fixed costs
   3. Increase variable costs
   4. Sell fewer units
   5. Increase selling prices

1. ABC Company sells a single product of $70. Variable costs are 55% of the selling price and the company has fixed cost that amount of $550.000. In order to produce a target profit of $192.500. ABC dollar sales must total
   1. $1.350.000
   2. $1.222.223
   3. $1.650.000
   4. $1.928.572
   5. $1.000.000

1. Assume the sales price of $250 per unit and the total fixed cost are $202.500. The break-even volume in dollar sales is $562.500. What is the contribution margin per unit?
   1. $330
   2. $36
   3. $360
   4. $90
   5. $260
   6. $214
2. Garcia Enterprises makes all purchases on account, subject to the following payment pattern:

Paid in the month of purchase: 30%

Paid in the first month following purchase: 50%

Paid in the second month following purchase: 20%

If purchases for January, February, and March were $380.000, $410,000, and $480.000 respectively, what were the firm's budgeted payment in March?

1. $322.000
2. None of the answers is correct
3. $418.000
4. $425.000
5. $336.000
6. $415.000

1. ABC inc, began operations in October of this year. It makes all sales on account, subject to the following collection pattern: 40% are collected in the month of sale; 55% are collected in the first month after sales; and 5% are collected in the second month after sale. If sales in October, November and December were $180.000, $190,000 and $210,000, respectively, what was the budgeted receivable balance on December 31?
   1. $115.000
   2. $135.500
   3. $126.000
   4. None of the answer is correct
   5. $125,000
   6. $123,000