Calculate the breakeven point in units using the following information:

Sales: $185,000

Contribution Margin: $100,000

Fixed Costs: $700,000

a.7 units cross out b.4 Units cross out c.2 Units cross out d.Cannot be determined

If a business uses a single predetermined overhead rate, to allocate all manufacturing overhead costs they are using what type of costing system?

a.Normal costing cross out b.Actual costing cross out c.Activity based costing cross out d.Process costing cross out Clear my choice

A difference between activity based costing & normal costing is

a.Multiple cost pools are used in a normal based system while a single cost pool is used in an activity based costing system

cross out b.Period Costs can be allocated when using an normal costing system

cross out c.Multiple products can be costed using an activity based system

cross out d.Multiple cost pools are used in a activity based system while only one cost pool is used in a normal costing system

RDA Corporation uses normal costing and allocates based on labour hours and has the following information for job 873P:

Direct Labour: $4,500 Direct Materials: $5,200 Allocated Manufacturing Overhead: $2,200 Total Labour Hours for job 873P: 110

What is the predetermined overhead rate used by RDA Corporation a.$20/labour hour cross out b.$0.42/labour hour cross out c.$47.27/labour hour cross out d.$0.49/labour hour cross out Clear my choice

If the break-even number of units is 24, the revenue is $150,000/unit & variable costs are $120,000/unit. What is the total fixed costs?

a.$1,250 cross out b.$6,250 cross out c.$5,000 cross out d.$11,250

What type of costing is most frequently associated with a single overhead rate?

a.Activity Based Costing cross out b.Normal Costing cross out c.Process Costing cross out d.Management costing

If a company has no fixed costs, it's contribution margin is equal to its?

a.Operating Income cross out b.Revenue cross out c.Variable costs cross out d.Margin of safety