Flannigan Company manufactures and sells a single product that sells for $580 per unit, variable costs are $319. Annual fixed costs are $958,500. Current sales volume is $4,330,000. Compute the contribution margin per unit. Multiple Choice A company's product sells at $12.22 per unit and has a $5.33 per unit variable cost. The company's total fixed costs are $96,900 The contribution margin per unit is: Multiple Choice $8.06. $5.33. $6.89. $12.22. A company's product sells at $12.32 per unit and has a $5.48 per unit variable cost. The company's total fixed costs are $96,400. The break- even point in units is: Multiple Choice 7047. 7501. 7,825. 14,094, At Midland Company's break-even point of 9,800 units, fixed costs are $274.400 and variable costs are $666,400 in total. The unit sales price is Multiple Choice McCoy Brothers manufactures and sells two products, A and Z in the ratio of 4.2 Product A sells for $94; Z sells for $121. Variable costs for product A are $51; for Z $56. Fixed costs are $525,480. Compute the number of units of Product Z McCoy must sell to break even Multiple Choice Mott Company's sales mix is 3 units of A, 2 units of B, and 1 unit of C. Selling prices for each product are $22. $32, and $42, respectively. Variable costs per unit are $14. $18, and $24, respectively. Fixed costs are $364,000. What is the break-even point in composite units? Multiple Choice 1138 composite units, 1685 composite units C) 2,637 composite units 4,136 composite units, 5,200 composite units A manufacturer reports the following costs to produce 23,000 units in its first year of operations: Direct materials, $23 per unit, Direct labor, $19 per unit, Variable overhead, $276,000, and Fixed overhead, $322,000. Of the 23,000 units produced, 22,100 were sold, and 900 remain in inventory at year-end. Under variable costing the value of the inventory is: Multiple Choice S48,600. 550,400. A manufacturer reports the following costs to produce 13,000 units in its first year of operations: Direct materials, $13 per unit, Direct labor, $9 per unit Variable overhead, $104,000, and Fixed overhead, $156,000. The total product cost per unit under absorption costing is: 622 per unit. ( 630 per unit. 542 per unit. ) $34 per unit $21 per unit A manufacturer reports the following information below for its first three years in operation. Year 1 Year 2 Year 3 $81,000 $114,000 $120,000 850 525 850 525 $ 9.00 $ 9.00 $ 9.00 Income under variable costing Beginning inventory (units) Ending inventory (units) Fixed manufacturing overhead per unit e Income for year 2 using absorption costing is: Multiple Choice $114,000. $123,450. $111,075. $120,000. $115,275. 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 1,090 1,990 2,780 790 Utility cost $5,640 $7,280 $8,100 $4,30 Using the high-low method, the estimated variable cost per unit for utilities is: Multiple Choice $2.91. $5.10. $2.05. $3.7. $5.37. 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 1,010 1,910 2,620 710 Utility cost $7,560 $7,120 $9, 200 $5,380 Using the high-low method, the estimated total fixed cost for utilities is: Multiple Choice o $1,610. o $5,380. o $6,110. o $3,630. o $3,960
