Question 27 (1 point) Emily Inc is uses the total cost method when establishing the selling price of their products. Emily Inc targets a 20% markup on total cost. Total costs for 10,000 units is $700,000. The markup per unit is computed ac O $70 $21 $12 O $14 Question 28 (1 point) Emily Inc is uses the total cost method when establishing the selling price of their products. Emily Inc targets a 20% markup on total cost. Total costs for 10,000 units is $700,000. The selling price per unit is computed as: $17 O 591 $84 582 Question 29 (1 point) Managers at Mit Inc often need to make decisions on whether to keep or replace their existing manufacturing equipment. Each month management meets to discuss changes in current technology and which pieces of equipment may be replaced to save money. In April 2022, MR Inc determined that keeping a specific color copier would produce a net loss of $355,000 versus purchasing a new color copier that would yield a net low of $325,000 According to the textbook, what should Mit Inc do? Keep the existing color copier. Buy the new color copier. Call the accountant. Question 30 (1 point) ES & AW Inc managers were arguing over whether to accept an order with special pricing because they were at full capacity already. The new order would include a discount off the standard retail price of 33% and an increase in incremental costs of 3% Should the managers accept the special pricing order? Yes, because the deal is profitable. Definitely yes, because the contribution margin is 6.7%. No, because the deal would generate a loss. None of the above. Question 31 (1 point) FNH Partnership believes that capital budgeting is a three step process whereby managers submit proposals and the capital budgeting committee: evaluates them and sends the valid ones to the CFO for approval. approves them and schedules them for funding Oevaluates them and approves or rejects them. None of the above