m 3 Chpt SP 11. Hill & Scott Company sells a product for $20. Variable costs are $15 per unit, and total fixed costs are $7,000. How many units must be sold by Hill & Scott to eam a profit of $1,000? a. 62 units b. 1,600 units c. 1,400 units d. 1,040 units 12. If a manager needs to de anager needs to determine the percentage impact on net income of a certain percentage change in the Sales, he would multiply the percentage increase/decrease in sales revenue by the a. Contribution margin ratio b. Operating leverage factor c. Gross margin d. Safety margin 13. Planet Company sells a product for Super unit variable cost is $12 per unit and the total fixed cost is $6,000. What is the break-even point in units? a. 1,000 units b. 640 units c. 1,360 units d. 1,210 units - 14. Which of the following would take place if a company were able to decrease its variable cost per unit? a. Contribution Margin would increase; Break-even Point would Increase b. Contribution Margin would Decrease; Break-even Point would Decrease c. Contribution Margin would Decrease; Break-even Point would Increase d. Contribution Margin would increase; Break-even Point would Decrease 15. If variable costs per unit decrease, sales volume at the break-even point will a. stay constant. b. decrease. c. double. d. increase