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I am allowed 4 questions as per policy thank you please answer all will hit like for whoever. Bloomcode: Application 81. Ruben, Inc. is a

I am allowed 4 questions as per policy thank you please answer all will hit like for whoever.
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Bloomcode: Application 81. Ruben, Inc. is a management consulting firm specializing in pension plans. Its billing rate to clients is $120 per hour, and variable costs average $80 per hour. Fixed costs are $24,000 per month. The income tax rate is 20%. If fixed costs increase by 10% and management increases its billing rate by 10%, what is the effect on the breakeven point, in billable hours? a) It increases the breakeven point b) The breakeven point will not change c) It decreases the breakeven point d) Cannot be determined Answer: C .. I ROGERS 7:08 PM Done tb03.docx 102. The breakeven sales volume of the Encore Co. is 800,000 units. If the variable cost per unit increases by $1.50 and the selling price per unit increases by $2 next year, then the new breakeven point will be: a) The same b) Higher c) Lower d) Cannot be determined Answer: c Difficulty: Easy Learning Objective:Apply CVP calculations for multiple products. 103. The contribution margin ratio of Yoshi enterprises is 60%. If total fixed costs are $200,000, then what is the cost of producing and selling $1,000,000 of Yoshi's product? a) $600,000 b) $400,000 c) $900,000 d) None of the above Answer: a Difficulty: Medium Learning Objective: Apply CVP calculations for a single product. CPA: Management Accounting 104. The breakeven point occurs when: a) Sales equal fixed costs plus contribution margin b) Total variable costs equal total contribution margin c) Fixed costs plus profit equals sales d) Total costs equal total revenue Answer: d Difficulty: Easy Learning Objective:Apply CVP calculations for multiple products. CPA: Management Accounting

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