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please answer 6) 7) 8) 9) thanks! 6. Assume a business had sales of $300,000, fixed costs of $75,000 and a contribution margin ratio of
please answer 6) 7) 8) 9) thanks! 6. Assume a business had sales of $300,000, fixed costs of $75,000 and a contribution margin ratio of 60%, what is variable cost: a. $135,000 b. $75,000 c. $115,000 d. $250,000 e. $120,000 7. The difference between the actual material price and the standard material price for a given level of production is defined as a. Direct materials quantity variance b. Difference in material cost versus labor costs c. Direct labor variance d. Direct materials price variance e. Direct labor time variance 8. Last year, Get This, Inc sold 5,000 units for $50,000. They expect the sales price to decrease by 10% but the production variable costs per unit to increase from $6/unit to $7.50/unit. What is the company's expected change in the contribution margin dollar per unit? a. $7.50 more b. $2.50 less c. $3.50 less d. $4.50 more e. $0 -no change 9. Which of the following is NOT a correct definition of break-even point? a. the point where total sales equal total expenses b. the point where total profit equals total fixed expenses c. the point where total contribution margin equals total fixed expenses d. the point where total profit equals zero e. the point where total sales less variable costs equal total fixed expenses
please answer 6) 7) 8) 9)
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