Sheridan Company's high and low level of activity last year was 56000 units of product produced in May and 18000 units produced in November. Machine maintenance costs were $162600 in May and $63800 in November. Using the high-low method, determine an estimate of total maintenance cost for a month in which production is expected to be 35000 units.

a. $108000

b. $103750

c. $131050

d. $145600

Vaughn Manufacturing produces flash drives for computers, which it sells for $25 each. Each flash drive requires $10 of variable costs to make. During April, 1000 drives were sold. Fixed costs for April were $1000. How much is the contribution margin ratio?

a.52%

b.60%

c.48%

d.50%

A division sold 400000 calculators during 2017:

Sales$4000000Variable costs:Materials$760000Order processing300000Billing labor220000Selling expenses120000Total variable costs1400000Fixed costs1000000

How much is the unit contribution margin?

a.$1

b.$3.5

c.$6.0

d.$6.5

For Swifty Corporation at a sales level of 4000 units, sales is $75000, variable expenses total $68000, and fixed expenses are $21000. What is the contribution margin per unit?

$17.00

$1.75

$18.75

$5.25

Sheridan's CVP income statement included sales of 6500 units, a selling price of $100, variable expenses of $60 per unit, and fixed expenses of $110000. Net income is

$650000.

$260000.

$280000.

$150000.

For Concord Corporation, sales is $2000000, fixed expenses are $375000, and the contribution margin per unit is $60. What is the break-even point?

6250 units

$333333 sales dollars

$625000 sales dollars

33333 units

In 2016, Crane Company sold 4400 units at $600 each. Variable expenses were $420 per unit, and fixed expenses were $315000. The same selling price, variable expenses, and fixed expenses are expected for 2017. What is Crane's break-even point in sales dollars for 2017?

$2640000.

$1050000.

$3771429.

$3690000.

For Vaughn Manufacturing, sales is $2500000, fixed expenses are $900000, and the contribution margin ratio is 36%. What is required sales in dollars to earn a target net income of $500000?

$2500000

$3888889

$6944444

$1388889

In 2016, Bonita Industries sold 3000 units at $1000 each. Variable expenses were $700 per unit, and fixed expenses were $780000. The same variable expenses per unit and fixed expenses are expected for 2017. If Bonita cuts selling price by 4%, what is Bonita's break-even point in units for 2017?

2600.

2708.

2885.

3000.

Swifty Corporation sells two types of computer hard drives. The sales mix is 30% (Q-Drive) and 70% (Q-Drive Plus). Q-Drive has variable costs per unit of $45 and a selling price of $90. Q-Drive Plus has variable costs per unit of $60 and a selling price of $135. The weighted-average unit contribution margin for Swifty is

$45.0.

$90.

$66.

$54.0.

Coronado Industries sells 5200 units of Product A annually, and 4800 units of Product B annually. The sales mix for Product A is

Cannot determine from information given.

48%.

52%.

108%.

Marigold Corp. has a weighted-average unit contribution margin of $30 for its two products, Standard and Supreme. Expected sales for Marigold are 70000 Standard and 30000 Supreme. Fixed expenses are $1200000. How many Standards would Marigold sell at the break-even point?

28000.

70000.

40000.

12000.