Question 22.22. Last year, Beths Baked Goods exactly broke even with cash fixed costs of $63,000. If its breakeven survival revenue level was $90,000, what was its variable cost revenue ratio (VCRR)? (Points : 4)

0.27 0.30 0.33 0.67

Question 23.23. In its first year, Joes Start-Up Company had revenues of $125,000 and cost of goods sold of $81,250, which was the only variable cost. Depreciation was $20,000, and cash costs were $5,000 in financing costs, admin expenses of $50,000, and $45,000 in marketing expenses all of which were fixed. What is the survival breakeven revenue? (Points : 4)

$342,857 $285,714 $271,429 $184,615 $153,846

Question 24.24. Intellectual property rights are: (Points : 4)

intangible assets fixed assets current assets can be patented or owned two of the above

Question 25.25. Assume you are starting a new business from scratch involving manufacture and sale of toridos. Raw materials are $80 per product. Direct labor costs are $60 per product. You expect to sell each product for $190. You plan to produce 200 toridos nest month and expect to sell 150 of them. During the second month you plan to manufacture 300 toridos and sell 350 in total. How many toridos will you have at the end of the second month that are unsold? (Points : 4)

none 300 280 250