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Yarn Basket Ltd, sells hand-knit scarves. Each sarf alls for $40 The company pays $150 to renta vending space for one day. The variable costs are $11 per cart What the company need to earn to break even? (Round any protest two decimal places and your final answer to the nearest cont.) revenue amount does 54000 D) 2040 A) 17.7) B) 515.17 10) Which of the following statements is TRUE the variable costruire price per unit and total feed costs remain constant? A) The contribution margin increases white The break even point remains the same the braven point increase b) The brave point de 11) Operating leverage predicts the effects that feed costs have on operating income when A production is discontinued Csales volume changes variable costs change Dl there are ne u rs 12) Titanic Roofing Company has estimated the following mounts for a year Totaled costs Sale price per unit Variable cost per unit If the company spends an additional 105.000 on advertising sales volume would increase by 2500 units. Before the change the company's sales ve this decision have on the operating income of Titanic d the braven point. What effect will A) Operating Income will increase by 1.200.000 (81 Operating income will decrease by 90.000 C) Operating income will increase by 190.000 D) Operating income will increase by 1125.000 13) Which of the following will lower the breakeven point? A) an increase in the sales price per unit B) an increase in total fixed costs C) a decrease in the sales price per unit D) an increase in the variable cost per unit 14) Vintage Weaponry is owned and operated by a craftsman who makes replicas of historic Trearms for museums, sportsmen, and collectors. He is currently producing to intlock muskats per month Data are as follows: Sales price per unit Variable cost per unit Fixed costs per month $800 470 10,230 ir Vintage expects to sell 60 units per month, how much is his margin of safety expressed in sale revenue? A) $13,630 B) $24,800 C) 548,000 D) $23,200 15) Which of the following is an example of the planning function of the budgeting process? A) The budget outlines a specific course of action for the coming period. B) A budget demands integrated input from different business units and functions. C) Budget figures are used to evaluate the performance of managers. D) Employees are motivated to achieve the goals set by the budget