exam erSon Company reported the following: Manufacturing costs Units manufactured Units sold Beginning inventory $150,000 5,000 4,700 units sold for $75 per unit 100 units 5) Wha A) $40.00 B) $42.00 C) $30.00 D) $32.00 at is the average manufacturing cost per unit? 6) Which of the following is true about the assumptions underlying basic CVP analysis? A) Selling price varies with demand and supply of the product B) Only selling price and variable cost per unit are known and constant. C) Only selling price, variable cost per unit, and total fixed costs are known and constant D) Selling price, variable cost per unit, fixed cost per unit, and total fixed costs are known and const 7) What is the budgeted revenue for the month assuming that Alex sells 175 tables? A) $145,750 B) $148,750 C) $150,000 D) $142,250 8) Which of the following is the mathematical expression of contribution margin ratio? A) Contribution margin ratio Contribution margin percentage *Revenues (in dollars) B) Contribution margin ratio Contribution margin percentage * Fixed costs (in dollars) C) Contribution margin ratio Contribution margin percentage x Variable costs (in dollars) D) Contribution margin ratio - Contribution margin percentage Operating leverage 9) Bovous Stores, Inc., sells several products. Information of average revenue and costs is as follows $20.00 Selling price per unit Variable costs per unit: $4.00 Direct material Direct manufacturing labor$1.60 $2.00 $96,000 Manufacturing overhead Selling costs Annual fixed costs The revenues that the company must earn annually to make a profit of $144,000 are