October 22, 2019 Name CrouP12. Accounting 2302 Chapter 6-Mini Test (Choose the best answer for the following questions) 1. Allain Corp has a unit selling price of $30, and variable costs of $20 per unit. When 12,000 units are sold, profits equaled $70,000. How many units must be sold to break-even? A. 19,000. B. 12,000. 20unts 30ars 9 pou 7.0ou C. 14,333. D. 5,000. ENone of the above. 12,000 10-10 70,000 70,000 2. Abilene Corp has fixed costs of $45,000, and a profit of $60,000. If contribution margin is 30 % of sales, then what are total sales? A.S 31,500. B. $105,000. C. $150,000. D. $350,000. E. None of the above. 3. Bench Corp has sales of $300,000, contribution margin of $90,000, and a target profit of $30,000. If 20,000 units were sold, what is the variable cost per unit? A. S15.00. B. $10.50. C.S 4.50 D. S 2.00. E. None of the above. 4. Piazza Corp has sales of $400,000, contribution margin of $160,000, and a profit of $40,000. If the breakeven point is 15,000 units, then what the contribution margin per unit? A. $12. B. S 8. C. $20. D. $15 E. None of the above. 5. Perisia, Inc. has fixed costs of $200,000 and profit of $50,000. If 10,000 units are sold, then what is the breakeven point? A. 12,500 units. B. 50,000 units. C. 62,500 units. D. 37,500 units. E. None of the above