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Madison Corporation sells three products (M, N, and O) in the following mix: 3:1:2. Unit price and cost data are: M N O Unit sales

Madison Corporation sells three products (M, N, and O) in the following mix: 3:1:2. Unit price and cost data are:

M N O
Unit sales price $ 9 $ 7 $ 8
Unit variable costs 5 4 7

Total fixed costs are $340,000. The selling price per composite unit for the current sales mix (rounded to the nearest cent) is:

Multiple Choice

  • $24.00.

  • $ 8.00.

  • $26.00.

  • $50.00.

  • $34.00.

    A company manufactures and sells a product for $50 per unit. The company's fixed costs are $168,000, and its variable costs are $15 per unit. The company's break-even point in sales dollars is: (Round your intermediate calculations to two decimal places.)

    Multiple Choice

  • $230,500.

  • $168,000.

  • $4,800.

  • $240,000.

  • $183,500.

    A firm sells two products, Regular and Ultra. For every unit of Regular sold, two units of Ultra are sold. The firm's total fixed costs are $1,536,000. Selling prices and cost information for both products follow. What is the firm's break-even point in units of Regular and Ultra?

    Product Unit Sales Price Variable Cost Per Unit
    Regular $ 22 $ 8
    Ultra 25 8

    Multiple Choice

  • 32,000 Regular units and 32,000 Ultra units.

  • 32,000 Regular units and 64,000 Ultra units.

  • 10,667 Regular units and 21,333 Ultra units.

  • 37,333 Regular units and 74,667 Ultra units.

  • 64,000 Regular units and 32,000 Ultra units.

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