can someone help me with these. I'm super stuck....

FILL-IN-THE-BLANK-PRINCIPLES AND TERMINOLOGY 60% NSTRUCTIONS: Complete each of the following statements by writing the appropriate word in the Answers columr For Scoring STATEMENTS Answers The manner in which a cost changes as a related activity changes is known as 0. cost behavior 0 In terms of cost behavior, direct materials and labor costs are generally classified as 1. costs. The range of sales or production activity over which the behavior of the cost is of interest to management is called the... 2. 2 The activity that is thought to cause a cost to be incurred is referred to as the 3. 3. Straight-line depreciation of factory equipment, insurance on factory plant, and factory supervisor salaries are examples of costs. 4. 4 The rental of a piece of office equipment at $12,000 per month plus $5 for each machine hour used over 1,000 hours is an example of a(n) 5. cost. 5. 6. A management accounting reporting system that includes only 7. The high-low method is a cost behavior estimation method that may 8. An increase in fixed costs will cause the break-even point to. variable manufacturing costs in the product cost is known as .. 6 7. 8. 9. 10. be used to separate costs. Given sales per unit of $15 and variable costs per unit of $10, the break-even point in units if fixed costs are $75,000 is Sales less variable costs divided by sales is the calculation of the Decreases in the price of direct materials and the wages of factory workers will cause the break-even point to The relative distribution of sales among the various products available for sale is called the On a break-even chart, unit sales are plotted along the 9. 10. 11. 12. 12. 13. 13 axis The difference between the current sales revenue and the sales at the break-even point is called With the aid of computer software, managers can vary assumed 14. 14 15. selling prices, costs, and volume and can see immediately the effects on the break-even point. Such an analysis is called 15. PROBLEM-PROBLEMS-40% INSTRUCTIONS: Solve the following problems and record the answers in the Answers column. For Scoring Answers If total direct labor costs are $100,000 for 25,000 units of production, the direct labor cost is 0. per unit... $4.00 0. 1-3. Fixed costs for the Banner Co. are $90,000. The selling price per unit is $26.00 and variable costs are $20.00. 1. The break-even sales (units) are 2. The sales units required to yield a target operating income of $45,000 would be 2. 3. The contribution margin ratio is If sales are $400,000, the unit selling price is $20, and the sales at the break-even point are $250,000, the margin of safety as a percent of sales is. The contribution margin for Williamson Co. is $160,000 and the 3. 4. 4 5-6. operating income is $20,000 5. 5. Williamson's operating leverage is. 6. If Williamson's sales increase by 15%, operating income will increase 6 by The data for the highest and lowest levels of a firm's production are as follows: 7-8. Highest level Lowest level Units Produced 11,000 4,000 Total Costs $87,000 38,000 7. The variable cost per unit s 8. The estimated total cost to produce 8,000 units i 7 8. A firm manufactures two products, X and Y. The fixed costs are $80,000 and the sales mix is 40% X and 60% Y. The unit selling price and the unit variable cost for each product are as follows: 9-10. Unit Variable Cost $12 12 Unit Selling Price 15 9. 9. The break-even sales (dollars) for the above sales mix . 10. The number of units of Y that would be sold at the break-even point is 10