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Question 11 Not yet answered (Ch5.2) Candle Co. has sales of $200,000 this month, contribution margin of $100,000, monthly fixed cost of $80,000 and profit
Question 11 Not yet answered (Ch5.2) Candle Co. has sales of $200,000 this month, contribution margin of $100,000, monthly fixed cost of $80,000 and profit of $20,000. What is the firm's current breakeven ratio to sales? (rounded) Points out of 1.00 Select one: P Flag question a. All listed choices are incorrect. b. 0.80. c. 0.60. d. 0.70. Question 13 Not yet answered (Ch5.1) The monthly cost of heating our company office is a fixed cost, a CEO says, because we adjust the thermostat according to the weather conditions which are beyond our control. Do you agree? (Yes/No) And is this a variable cost? Points out of 1.00 Select one: Flag question O a. Yes, I agree, and this is a variable cost. O b. Yes, I agree, and this is not a variable cost. O c. No, I don't agree, because this is a variable cost. O d. No, I don't agree, because this is a mixed cost. Question 14 Not yet answered (Ch5.2) Candle Co. has sales of $200,000 this month, contribution margin of $100,000, monthly fixed cost of $80,000 and profit of $20,000. What is the firm's current breakeven volume in dollars? (rounded) Points out of 1.00 Select one: P Flag question O a. $180,000. O b. $160,000. O c. $140,000 O d. All listed choices are incorrect. Question 15 Not yet answered (Ch4) Sleep Tight Company manufactures pillows using an activity-based costing system to allocate all manufacturing conversion costs. For the month of June, the Assembling activity has its estimated Activity Costs of $13,860 with estimated Allocation Base of 4,200 parts. Each pillow consists of 4 parts; the total direct materials cost per pillow is $3.50. What is the total cost of 'assembling' activity for each pillow? (rounded) Points out of 1.00 P Flag question Select one: a. $13.20 b. All listed choices are incorrect. c. $6.65 d. $3.30 Clear my choice
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