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Gloria Company had no beginning work in process. During the period. 12,000 units were completed, and there were 1, 200 units of ending work in

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Gloria Company had no beginning work in process. During the period. 12,000 units were completed, and there were 1, 200 units of ending work in process. How many units were started into production? 13, 200 12,000 10, 800. 1, 200. T F A variable cost remains constant per unit at various levels of activity. T F The trend in most companies is to have the following effects on unit costs for variable and fixed costs: Unit Variable Cost: Unit Fixed cost Increases Decreases Remains constant Remains constant Decreases Remains constant Remains constant Decreases A mixed coat contains a variable element and a fixed element. both selling and administrative costs. both retailing and manufacturing costs. both operating and nonoperating costs. Keith Company produces flash drives for computers, which it sells for $20 each. Each flash drive costs $14 of variable costs to make. Fixed costs are $ 1,000 for the month. During April, 1,000 drives were sold. How much is the contribution margin ratio? 20% 30% 70% 80% A company has total fixed costs of $160,000 and a contribution margin ratio of 20%. The total dollars necessary to break even are $640,000. $800,000. $200,000. $180,000. The break-even point is where total sales equal total variable costs. contribution margin equals total fixed costs. total variable costs equal total fixed costs. total sales equal total fixed costs

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