Adm2341 Review Midternm Company Sales (6.000 units 10S each) S&A expenses variable DM DL. Manufacturing overhead- variable 5&A cxpenses fixed Z provides you with the following data from the first year of operation 1.00 S per unit 2.00 S per unit 00 5 per unit 1,000 S Manufacturing overhead -fixed The production is 7,500 units for the year. The Cost of Goods Sold is: a) 20,000 s b) 30.000 5 c) 25,0005 d) 36.000 5 None of the above 2. Refer to the original data in question 1. The gross margin is: 30,000 5 25,000 5 c) 20,000 s d) 24,000 5 e) None of the above 3. Refer to the original data in question I. However, assume that Company Z sold 7,500 units. Fixed co Contribution margin is: b) c) 45.000 5 30,000 S 28.0005 21.500 5 e) None of the above 4. Refer to the original data in question 1. Operating income is: b) c) d) e) 45,000 5 30,000 5 28,000 5 21,500 5 None of the above 5. The Cost of Goods mamifactured is composed of DM used and DL. ondy DL and Manufacturing overhead only DM used. DL and Manufacturing overhead DM used, DL. Manufacturing overbead and Admisistrartive espenses The cost that varies in total with the volume of activity is known as Variable cust b) Fixed co ci Mixed com Direct cost d) The following data are from ABC e None of the ahove Refer to the original ns in estion Howern, assume that Comeny wild 7,300 s F Cemrkullin margin ix b) d 21.300 45,000 30,000 5 28000 s e)None of the above 4 Refer to the ceiginal data in qestion 1.Operating income is a) 45,000 s h: 10.00s e)None of the aowe ) 28000 21,5005 S The Cost of Gosds nanfactured s conesosed of a) DM used and D oaly DL and Manufactiring overhead onty DM wed DL and Manufactring ewerhead DM used, DI. Manufacturing overbcad and Admsaive espeses 6 The cost that varies in total with the wohume of activity is knoo as b) c) d) a) ciable cost Fised cost Mixed cnt Direct com The following duta are fros ABC Volumes 22.000 uni 15,000 nas Salaries 274,(000 s 25,0x 214000 s 18.00 iniis Using High-Low mechod, determine the expected salaries for a volume of 16 000 nas 242.000 5 e) d) 162000 5 None of the above