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13. A recent income statement of Fox Corporation reported the following data: Sales revenue $3,600,000 Variable costs 1,600,000 Fixed costs 1,000,000 If these data are based on the sale of 10,000 units, the break-even point would be: A. 2,000 units. B. 2,778 units. C. 3,600 units. D. 5,000 units. E. an amount other than those above. Answer: D LO: 1 Type: A 14. A recent income statement of Yale Corporation reported the following data: Sales revenue $2,500,000 Variable costs 1,500,000 Fixed costs 800,000 If these data are based on the sale of 5,000 units, the break-even sales would be: A. $2,000,000. B. $2,206,000. C. $2,500,000. D. $10,000,000. E. an amount other than those above. Answer: A LO: 1 Type: A1?. Orion recently reported sales revenues of $800,000, a total contribution margin of $300,000, and xed costs of $180,000. If sales volume amounted to 10,000 units, the company's variable cost per unit must have been: A. $12. B. $32. C. $50. D. $92. B. an amount other than those above. Answer: C L0:1 Type: A 33. A recent income statement of Oslo Corporation reported the following data: Units sold M Sales revenue $7,200,000 Variable costs 4,000,000 Fixed costs 1,600,000 If the company desired to earn a target net prot of $480,000, it would have to sell: A. 1,200 units. B. 2,800 units. C. 4,000 units. D. 5,200 units. E. an amount other than those above. Answer: D LO: 4 Type: A 34. Yellow, Inc., sells a single product for $10. Variable costs are $4 per unit and xed costs total $120,000 at a volume level of 10,000 units. What dollar sales level would Yellow have to achieve to earn a target net prot of $240,000? A. $400,000. B. $500,000. C. $600,000. D. $750,000. E. $900,000. Answer: C LO: 4 Type: A Lamar & Co., makes and sells two types of shoes, Plain and Fancy. Data concerning these products are as follows: Elam Eons): Unit selling price $20.0 $35.0 0 0 Variable cost per unit 12.00 24.5 0 Sixty percent of the unit sales are Plain, and annual fixed expenses are $45,000. 47. The weighted-average unit contribution margin is: A. $4.80. B. $9.00. C. $9.25. D. $17.00. E. an amount other than those above. Answer: B L0: 5 Type: A 48. Assuming that the sales mix remains constant, the total number of units that the company must sell to break even is: A. 2,432. B. 2,641 C. 4,731 D. 5,000. B. an amount other than those above. Answer: D LO: 5 Type: A 49. Assuming that the sales mix remains constant, the number of units of Plain that the company must sell to break even is: A. 2,000. B. 3,000. C. 3,375. D. 5.000. E. 5,625. Answer: B LO: 5 Type: A 50. Assuming that the sales mix remains constant, the number of units of Fancy that the company must sell to break even is: A. 2.000. B. 3,000. C. 3,3?5. D. 5,000. B. 5,625. C hopter 8 213 Answer:A L0: 5 Type:A 62. The following information relates to Paterno Company: Sales revenue $10,000,000 Contribution margin 4,000,000 Net income 1,000,000 If a manager at Paterno desired to determine the percentage impact on net income of a given percentage change in sales, the manager would multiply the percentage increase/decrease in sales revenue by: A. 0.25. B. 0.40. C. 2.50. D. 4.00. E. 10.00. AnswerzD LO:8 Type: A,N