Question 1

1. Calculate the break-even point in dollars from the following information. Selling price per unit is $50, variable costs per unit are $30 and fixed costs for the year are $25 000

   	a.	$1 250
   	b.	Unable to be determined from the information given
   	c.	$83 333
   	d.	$41 667
   	e.	$62 500

1 points

Question 2

1. If McLeod Ltds selling price is $50 per unit, fixed costs are $499 800, and the contribution margin ratio is 0.34. The break-even in sales dollars (rounded to the nearest dollar) is:

   	a.	$499 800
   	b.	$169 932
   	c.	$1 470 000
   	d.	Unable to be determined from the information given
   	e.	$757 273