Question 5 Marked out of 100 Company XYZ produces and sells scientific calculators. The company is currently producing and selling 10,000 units. At this level, the fixed expenses were $10,500. In order to expand sales, the company plans to reduce the selling price by $2, which is expected to improve unit sales by 40% and achieve fixed cost savings of $3,000. Given that the company does not pay commissions to its sales people, the variable expenses per unit are expected to remain the same. What would be the impact on profit? a. Increase by $2,000 b. No change Increase by $1,000 d. Decrease by $5,000 Decrease by $6,000 Clear my choice Question 6 Not yet answered Marked out of 0.60 On the cost-volume-profit graph, which of the following would result into an increase in the breakeven point (Assuming other factors remain unchanged)? None of the given answers b. Decrease in fixed costs Decrease in selling price per unit d. Decrease in variable cost per unit Increase in number of units sold Not yet answered Question 7 Marked out of 100 Company XYZ is a farming company. The company are famous for producing strawberries and blueberries. The variable cost of producing and selling one box of strawberries is $3, while the variable cost of producing and selling one box bloeberries is $5. Each box of strawberries is selling for $10, while a box of blueberries sells for $13. The company produces and sells 5 boxes of strawberries for every 2 boxes of blueberries. Assuming a fixed cost of $204,000. How many boxes of strawberries need to be produced and sold to achieve breakeven? a. 8,000 b. None of the given answers C. 20,000 d. 1,600 0 4,000 Clear my choice Question 8 Not yet answered Marked out of 0.60 Company XYZ produces and sells two types of calculators: Basic and Scientific. The Basic has a lower selling price per unit compared to the Scientific. However, the Basic has a higher contribution margin compared to the Scientific. Due to fixed production capacity, the company has a cap on total production ability. If the company's CEO has decided to shift the sales mix towards producing more Scientific calculators. What would be the effect on total profits? Total profits would decrease b. Total profits would remain the same Cannot be determined using the above information d. None of the given answers e. Total profits would increase