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41. Green Things Company had the following costs during period: Sales $97,000 Direct Material: $7,700 Direct Labor: $11,300 Variable Manufacturing Overhead: $3,900 Fixed Manufacturing Overhead $5,000 Variable Selling Costs $10,200 Fixed Administrative Costs $13,000 Calculate the contribution margin for Green Things Company a) $82,900 b) $45,900 c) $63,900 d) $69,100 42. Assume Yellow Manufacturing Inc. has the following original data for the period: Selling price per unit: $55.00 Variable cost per unit: $18.00 Total fixed costs $55,500 Net income is currently $18,500. If management decides to increase advertising expenses by $7,000 and believes sales will increase to 2,150 units as a result of this, what is the impact on net income. a) $1,450 increase b) $5,550 increase c) $1,450 decreased) $5,550 decrease 43. Espresso Corp. is a manufacturer of coffee tables. The selling price per table is $250, the variable cost per table is $105 and the fixed cost per table is $25. What is the contribution margin per table? a) $120 b) $250 c) $130 d) $145 44. In the reading, Accounting Across the Organization - Hollywood, how does the movie entertainment industry differ from most other industries with respect to ROI? a) G-rated movies typically have the highest Rot and but produced the least; R-Rated movies have a low Rol but produced most frequently b) The movie industry has the highest grossing investments, while creating a relatively love ROI on most movies. c) Estimating the potential ROI on a movie is too difficult no matter the rating, which makes investments riskier compared to other industries d) Both R-Rated and G-Rated movies create the greatest Rol but are produced least often 45. Which of the following is false regarding static budgets? a) Static budgets allow for analysis at various levels of activity, such as units sold or units produced. b) There are serious limitations using static budgets to evaluate and control variable costs c) Static budgets are useful when evaluating actual and budgeted sales d) Static budgets are useful when evaluation actual and budgeted foved costs