Name: Bina hona Wlak Formulas: Y-a+bx or Total Cost-Fixed Cost+ Variable Cost Per Unit (Number of Units Produced) Average Cost per Unit- Total Manufacturing Costs/Number of Units Produced Contribution Margin- Sales-Variable Expenses Contribution Margin Per Unit- Contribution Margin/Number of Units Break Even Point in Sales Dollars Fixed Expenses/Contribution Margin Per Unit Target Profit in Units- Fixed Cost + Target Profit/Contribution Margin per Unit Allocation Rate- Total Overhead/Total Cost Driver Apply Overhead- Allocation Rate Cost Driver 1. Select the correct statement regarding opportunity costs A. Opportunity costs need not be considered in decision making. B. Opportunity costs are not recorded in a firm's financial accounting records. C. Opportunity costs represent sunk costs D. All of the above