Question
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.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started