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Assume the following (1) sales = $200,000, (2) unit sales = 10,000. (3) the contribution margin ratio = 25%, and (4) net operating Income =

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Assume the following (1) sales = $200,000, (2) unit sales = 10,000. (3) the contribution margin ratio = 25%, and (4) net operating Income = $10,000 Given these four assumptions, which of the following is true?
Multiple Choice The total fixed expenses = $150,000
The total contribution margin = $40,000
The variable expense ratio is 300%
The break-even point is 8,000 units
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O unangis ana booboobs- -$60,000 0009 nge-$10000 Given these four assumpoons, which of the following is true Which of the following statements is true? 1. The budgeted income statement is typically prepared before the budgeted balance sheet. II. The cash budget is the starting point in preparing the master budget. III. The production budget is typically prepared prior to the sales budget. Multiple Choice None of the statements are true. All of the statements are true. Only statement I is true. Only statement illis true. How would the following costs be classified (product or period) under variable costing at a retail clothing store? Cost of purchasing clothing Product Sales commissions A) Product Product Period Period Product Period Period: Jhy Multiple Choice Choice A Choice D Choice B Choice C Composed the Bess Chand the Agra On The Bea Dufu sasa $30.000 abie expenses of $153 600 and tracealed expenses of $70300 The Alpha Divison sas.000e exposes of 8327800 and aceable des of 3122700 The tal amount of common fed expenses not traceable to the vidividual ons is $134,200 What the company's 8277200 4428600 $00.000 Aina Corporation reported the towing data tirs most recent y $680 000, vaate expenses $340000, and fed expenses $272.000 The company's degree of operating leverage closest D 1000 O O O 3.00 100 5:00 A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations Units in beginning inventory Units produced Units sold 5,000 4,900 100 Units in ending inventory Variable costs per unit: Direct materials: 5 61 Direct labor Variable manufacturing overhead $63 $26 $ 24 Variable selling and administrative expense. Fixed costs: Fixed manufacturing overhead Fixed selling and administrative expense $105,000 $49,000 What is the variable costing unit product cost for the month? Multiple Choice $151 per unit $150 per unit $195 per unit 20 D Monurty Corporation as a product for $130 per unit. The products curent sales are 12.000 units and a break even sales are 094 um. The margin of safety in a percentage of sales as closest to G O O 50% O an Assume the flowing sales-$200000.12) une sales 10,000, the contribution margin rato-44%, and 14) net operating income-$10 000. Given these four assumptions, which of the folioweng truet The tal verable expe88.000 The total comminunon mergin-$12.000 The break even point is 5.833 May 41000 insan 43,000 grepet 3 pounds of emers The many wys mantan Acompany's sales tuge for Apr respectively traduc materi y As the many pays $250 pound of a man pres for 60% of aw material purchases Witple Chane O O (95500 $178.300 $17.900 for the same two months 38.000 unts and 30.000 espectively Each unit ad finhed O O O 1164 $204 1 A $23.000 What the butyried ch bocage rate 9000 un and $7000 us respectively the direct labor hours reared per

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