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Question 9 5 pts Garth Corporation sells a single product and generating a profit. If the selling price per unit and the variable expense per

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Question 9 5 pts Garth Corporation sells a single product and generating a profit. If the selling price per unit and the variable expense per unit both increase by 10% and fixed expenses do not change, then which of the following options A-D are correct? Conttribution Contribution Break-even Margin per unit margin ratio in units Option A) Increases Increases Decreases Option B) No change No change No change Option C) No change Increases No change Option D) Increases No change Decreases Option A Option B Option C Option D Question 16 5 pts French Publishers, Inc. of New Albany, Indiana sells two books, Basic Financial Accounting (BFA) and Basic Managerial Accounting (BMA). Present revenue, cost, and sales data for the two products are: BFA BMA Units sold... 4,000 2,000 Selling price per book.. $200 $250 dia Variable expenses per unit.. $150 $225 Fixed expenses total $500,000 annually What is the breakeven point in total sales dollars (for both products), assuming the same sales mix of product sold (select the closest answer)? $1,800,000 O $2,000,000 $2.600,000 $2.200.000 None of the Above D Question 15 5 pts Which of the following are correct statements? 1) In break-even analysis, there is usually an assumption that the sales mix of products sold will not change. 2) The contribution margin ratio is calculated by dividing the contribution margin by total fixed costs 3) Once the break-even point has been reached, net operating income will increase by the amount of the unit contribution margin for each additional unit sold Items 1) and 3) are both correct. All of the above items are correct. Items 1) and 2) are correct. None of the above items are correct. Question 13 5 pts The following is Arkadia Corporation's contribution format income statement for last month: Sales.. .$1.200,000 Variable expenses... 800.000 Contribution margin.....400,000 Fixed expenses.. 300,000 Net operating income.....$100.000 The company has no beginning or ending inventories and produced and sold 20,000 units during the month at a sales price of $60 per unit.. How many units would the company have to sell to attain an after-tax net income of $50,000, assuming an income tax rate of 20%? O 20,400 units 18,125 units 15.500 units O 19,650 units O None of the above

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