Mustang Corp. has a selling price of $18, variable costs of $13 per unit, and fixed costs of $25,000. How many units must be sold to break-even? Multiple Choice 5,000 1,389 10,000 1,923 Cottonwood, Inc. produces two different products (Standard and Luxury) using two different activities: Machining, which uses machine hours as an activity driver, and Inspection, which uses number of batches as an activity driver. The cost of Machining is $135,000, while the cost of Inspection is $42,000. Standard uses 30% of total machine hours and 70% of total batches. What is the total activity cost assigned to Standard? Multiple Choice $40,500 $69,900 $29,400 $107,100 Sherman, Inc. manufactures chainsaws that sell for $90. Each chainsaw uses $15 in direct materials and $10 in direct labor per unit. Sherman has two activities: Machining, which is applied at the rate of $3 per machine hour, and Finishing, which is applied at the rate of $29 per batch. This month, Sherman made 240 chainsaws, using 976 machine hours in 48 batches. What is the total manufacturing cost for one chainsaw? (Do not round intermediate calculations.) Multiple Choice $18 $25 $46 $43 Cardinal uses the high-low method of estimating costs. Cardinal had total costs of $23,955 at its lowest level of activity, when 15,900 units were sold. When, at its highest level of activity, sales equaled 21,600 units, total costs were $39,060. Cardinal would estimate variable cost per unit as: Multiple Choice $1.68 $1.81 $1.51 $2.65 Dancer Corp. has a selling price of $20 per unit, and variable costs of $18 per unit. When 14,000 units are sold, profits equaled $15,000. How many units must be sold to break-even? Multiple Choice 16,333 21,500 6,500 14.000