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Please answer the questions below QUESTION 6 During its first year of operations, Dudu Company paid $50,000 for direct materials and $36,000 in wages for
Please answer the questions below
QUESTION 6 During its first year of operations, Dudu Company paid $50,000 for direct materials and $36,000 in wages for production workers. Lease payments and utilities on the production facilities amounted to $14,000. General, selling, and administrative expenses were $16,000. The company produced 5,000 units and sold 4.000 units for $30.00 a unit. The average product cost per unit is which of the following amounts? A. $20.00 8. $16.00 C.$18.40 D. $25.00 QUESTION 7 Mirror Company incurred $40,000 of fixed cost and $50,000 of variable cost when 4.000 units of product were made and sold. If the company's volume doubles, the total cost per unit will: A. stay the same. B. decrease. oc. double as well OD increase but will not double. QUESTIONS For the last two years Rug Company had net income as follows: Year 1 Year 2 Net Income $160,000 $200,000 What was the percentage change in income from Year 1 to Year 2? OA. 20% increase O8.20% decrease 0.25% increase O 0.25% decrease QUESTION 9 Once sales reach the break-even point, each additional unit sold will: O A. increase fixed cost by a proportionate amount OB. reduce the margin of safety. o increase the company's operating leverage. OD increase profit by an amount equal to the per unit contribution margin. QUESTION 10 The honey Co. sells two types of honey, flower and maple. The company projected the following cost information for the two products: Flower Maple Unit selling price $ $ Unit variable cost 110 $ 80 Number of units produced and sold 4,000 6,000 250 120 The company's total fixed costs are expected to be $280,000 Based on this information, what is the combined number of units of the two products that would be required to break even with the projected sales mix? (Round your answer to the nearest whole unit.) A. 3.500 units 3.3.111 units O C1,556 units OD. None of these is correctStep by Step Solution
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