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33) 33) Which is the following is the most appropriate reason that sales mix decisions should be made using variable costing? A) Fixed costs do not affect the operating profit in the long-run. B) All costs, including fixed costs, are controllable by upper management in the long run C) To increase profits, businesses should emphasize the products with the highest contribution margin D) Sales mix decisions primarily focus on fixed costs 34) In variable costing, fixed manufacturing overhead is considered a period cost because 34) A) these costs are incurred whether or not the company manufactures any goods B) these are not incurred in the period in which the units are produced C) these costs are direct costs incurred for production D) these costs are indirectly related to production 35) Edge Inc. had two products-Le Chaud and Le Frais. Financial data for both the products follow35) Le ChaudLe Frais 2.200 units 800 units 1,000 750 5% Unit sold Sale price per unit Variable manufacturing cost per unit Sale commission (% of sales) $500 320 7% It had two sale executives-Jack Lynch and Peter Cho. Each executive sold a total of 1,500 units during the month of March, 2015 Jack had a sales mix of 70% Le Chaud and 30% Le Frais Peter had a sales mix of 60% Le chaud and 4096 Le Frais, what is the contribution margin ratio for Le Chaud and Le Frais, respectively? A) 17%:15% B) 35%: 30% C) 21% 20% D) 2996: 2096 36) Which of the following statements is true of absorption and variable costing systems? 36) A) Variable costing considers variable selling and administrative costs to be product costs B) Both costing methods consider fixed manufacturing overhead to be product costs C) Both costing methods consider selling and administrative costs to be period costs D) Absorption costing considers fixed manufacturing overhead to be period costs