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Cirele the better of the best answen inginfomation pertains to Tiller Co Sales Variable s 800,000 160,000 0,000 What is Tiller's break-even point in sales

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Cirele the better of the best answen inginfomation pertains to Tiller Co Sales Variable s 800,000 160,000 0,000 What is Tiller's break-even point in sales dollars? (CPA adapted) D $40,000 - vcan Coporation manufactures and sells T-shirts imprinted with college names and slagans. Last year, the shirts sold for $7.50 each, and the variable cost to manufacture them was $2.28 per unit. The company needed to sell 20,000 shirts to break-even. The after tax net income last year was $5,040 Donnelly's expectations for the coming year include the following . The sales price of the T-shirts will be S9 Variable cost to manufacture will increase by one-third Fixed costs will increase by 10% The income tax rate of 40% will be unchanged. Based on a $10 selling price per unit and if Dorcan Corporation wishes to earn $37,800 in after tax net income for the coming year, the company's sales volume in dollars must be: Ans A. $213,750 B. $257,625 C $207.000 D. $255,000 In the cost equation TC-F+VX, X is best described as the: Ans. A.costs that do not vary with changes in the activity level. B. costs that do vary with changes in the activity level. C. total cost estimate at a particular activity level. D. activity level used to estimate the total cost. 10 In the standard regression equation of y atbx, the letter y is best described as the: Ans. A. independent variable. B. dependent variable C. slope of the equation. of the equation. Page 8 of 1

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