Eva Company sells one product at a price of $25 per unit. Variable expenses are 40 percent of sales, and fixed expenses are $25,000. The sales dollars level required to break even are: Select one: a A. $41,667 B. $33,333 a C. $2,500 D. $10,000 Which of the following would be classified as a fixed selling and administrative cost? Select one: A. Wages of production supervisor O B. Depreciation on factory equipment O C. Sales Commissions D. Depreciation on office equipment Step costs Select one: O A. have no relation to number of units produced. O B. are variable within narrowly defined ranges of activity, but constant over wider ranges of activity. C. are constant within certain ranges of activity but differ outside those ranges of activity. O D. increase with each additional unit produced. In the following equation for total cost, Y = a + bx, the slope of the total cost line is an approximation of which of the following? Select one: O A. Fixed Cost B. Variable Cost C. Volume D. Total Cost Total contribution margin is calculated by subtracting Select one: O A. cost of goods sold from total revenues. O B. total variable costs from total revenues. O C. fixed costs from total revenues. D. total manufacturing costs from total revenues. If sales volume increases and all other factors remain constant, then the Select one: A. contribution margin ratio will increase. B. net operating income will decrease. C. margin of safety will increase. D. break-even point will decrease. The point where the total costs and the total revenues lines intersect provides information about the Select one: A. budgeted income. B. profit maximizing sales volume. C. number of units that must be sold to break even. O D. center point in the relevant range. In a cost-volume-profit graph Select one: A. an increase in the unit selling price would shift the break-even sales point to the right. O B. an increase in unit variable costs would decrease the slope of the total costs line. O C. the total revenues line crosses the horizontal axis at the break-even point. O D. an increase in the unit selling price would shift the break-even sales point to the left