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Please see attached...for finances/marketing/maths....quiz. Question 1 (1 point) Thomas Train has collected the following information over the last six months. Month March April May June
Please see attached...for finances/marketing/maths....quiz.
Question 1 (1 point) Thomas Train has collected the following information over the last six months. Month March April May June July August Units produced 10,000 12,000 18,000 13,000 12,000 15,000 Total costs $25,600 26,200 28,400 26,450 26,000 26,500 Using the high-low method, what is the variable cost per unit? Your Answer: Question 1 option: Question 2 (1 point) Rooter's Cleaning Services provided data concerning the costs incurred to clean hotel rooms for which hotel customers pay $150 per night. Data for the past 7 months are as follows: January Number of rooms cleaned Cleaning cost February March April May June 250 160 200 150 270 170 $6,450 $4,060 $5,100 $4,100 $6,760 $4,200 How much are estimated monthly variable costs using the high-low method? Answer: Question 2 options: Question 4 (1 point) Winny's Office Furniture has a contribution margin ratio of 16%. If fixed costs are $190,800, how many dollars of revenue must the company generate in order to reach the break-even point? Your Answer: Question 4 options: Question 5 (1 point) Tim Taylor has written a self improvement book that has the following cost characteristics: Selling Price Variable cost per unit: Production Selling & administrative Fixed costs: Production Selling & administrative $16.00 per book $4.00 2.00 $96,600 per year 19,800 per year How many units must be sold to break-even? Your Answer: Question 5 options: Question 7 (1 point) Assume Sparkle Co. expects to sell 150 units next month. The unit sales price is $80, unit variable cost is $30, and the fixed costs per month are $5,000. The margin of safety in terms of sales revenue is: Your Answer: Question 7 optionsStep by Step Solution
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