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Mayhew Corporation has sales of $2,000,000, variable costs of $1,100,000, and fixed costs of $750,000. Mayhew's degree of operating leverage is O 2.40. 1.47. 6.00. O 1.22 O 1.20. For New Mexico Inc., sales is $1,000,000, fixed expenses are $300,000, and the contribution margin per unit is $48. What is the break-even point? O 6,250 units O 62,500 units $2,083,334 sales dollars 20,834 units O $625.000 sales dollars Value-added activities include engineering design, machining, and assembly. O involve those activities that are essential to a company's operations. o all answers are correct. O increase the perceived worth of a product or service to customers. O none of the answers are correct. Within the relevant range, the variable cost per unit remains constant at each activity level. decreases as production increases. varies as production levels change. increases as production increases. differs at each activity level. Clemson Co. incurs $700,000 of overhead costs each year in its three main departments, machining ($400,000), inspections ($200,000) and packing ($100,000). The machining department works 4,000 hours per year, there are 600 inspections per year, and the packing department packs 1,000 orders per year. Information about Clemson's two products is as follows: Product X Product Y Machining hours 1,000 3.000 Inspections 100 500 Orders packed 350 650 Using Activity Based Costing, how much overhead is assigned to Product X this year? O $168.334 $242.308 O $368,334 O $350.000 $340.000 Activity-based costing allocates overhead to activity cost pools, and it then assigns the activity cost pools to products and services by means of cost drivers. O accumulates overhead in one cost pool, then assigns the overhead to products and services by means of a cost driver. allocates overhead directly to products and services based on activity levels. O assigns activity cost pools to products and services, then allocates overhead back to the activity cost pools. o allocates overhead directly to products and services based on one overall activity level