E. 1972000

D. 69

E. 72

During its most recent fiscal year, Raphael Enterprises sold 290,000 electric screwdrivers at a price of $17.70 each. Fixed costs amounted to 5841,000 and pretax income was $1131,000. What amount should have been reported as variable costs in the company's contribution margin income statement for the year in question? Multiple Choice o $3,161,000 O $5,133,000 O $2,320,000 O 0 54.002.000 The following information is available for a company's utility cost for operating its machines over the last four months. Month January February March April Machine hours 1,030 1,930 2,660 730 Utility cost $5,580 $7,160 $8,100 $3,610 Using the high-low method, the estimated variable cost per machine hour for utilities is: Multiple Choice O $3.05. $4.95 0 C $3.05. $4.95. $2 33. 53.85. $6.57. The following information is available for a company's utility cost for operating its machines over the last four months. Month January February March Machine hours 1,020 1,920 2,640 720 Utility cost $6,570 $7,140 $9,300 $4,500 April Using the high-low method, the estimated total fixed cost for utilities is: Multiple Choice $1620 O $4,500 O $6.120 Multiple Choice $1,620. $4,500. $6,120. $3,660. $2,700. Afirm sells two products, Regular and Ultra. For every unit of Regular sold, two units of Ultra are sold. The firm's total fixed costs are $1,812,000. Selling prices and cost information for both products follow. The contribution margin per composite unit is: Product Regular Ultra Unit Sales Price $ 40 Variable Cost Per Unit $20 43 Multiple Choice Oo oo