Question 17 (0.2 points) Saved Listen When a company is a price taker, it uses the target pricing approach to manage costs and profits True False Saved Question 18 (0.3 points) Listen When a company is a price taker, it emphasizes a cost plus approach to pricing. True False Question 19 (0.3 points) Listen ABC Company has provided the following information: Sales price per unit $60 Variable cost per unit 15 Fixed costs per month $16,000 What is the contribution margin per unit? 45 AV Question 20 (0.3 points) Listen Jackson uses a job order costing system to accumulate client-related costs. The predetermined overhead allocation rate is 25% of staff labor cost. The work is charged to jobs at a rate of $100 per staff labor hour. A recent job for a client used 20 staff labor hours. How much was the total job cost? 500 A Question 21 (0.3 points) Saved Listen Samzung manufactures tablet computers. Samzung production operations are divided into two departments Department 1 and Department 2. The company uses a process costing system. Samzung incurred the following costs during the year to produce 2000 tablets Department 1 $500,000 Department 2 $300,000 If Samzung sells 1000 tablets during the year, what will be the cost per bag? 400 A/