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If sales remain the same and the margin of safety increases, which of the following is true? a. The total fixed costs have increased. b.

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If sales remain the same and the margin of safety increases, which of the following is true? a. The total fixed costs have increased. b. The break-even point has remained constant. c. None of these choices are correct. d. The total fixed cost has decreased. e. Variable costs have increased. Rusty Co. sells two products, X and Y. Last year, Rusty sold 5,000 units of X and 35,000 units of Y. Related data are: Unit Selling Price Unit Variable Unit Contribution Product Price Cost Margin X $110.00 $70.00 $40.00 Y 70.00 50.00 20.00 What was Rusty Co.'s sales mix last year? a. 12.5% X, 87.5% Y b. some information is missing C. 30% X, 70% Y d. 58% X, 42% Y e. 60% X, 40% Y RRT Systems Inc., had the following activities during 2019, What amount of prime costs was added to production during 2019? Direct materials: Beginning inventory Purchases Ending inventory Direct manufacturing labor Manufacturing overhead Beginning work-in-process inventory Ending work-in-process inventory Beginning finished goods inventory Ending finished goods inventory $ 24,000 61,600 11,000 18,000 11,500 1,000 3,500 25,000 19,000 a. $31000 b. $79600 c. $29500 d. $92600 e. Some information is missing Which of the following is most associated with managerial accounting? a. None of these answers is correct b. may rely on estimates and forecasts c. must follow GAAP d. Reports are generated quarterly e. is prepared for users outside the organization

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