The breakeven point can either be calculated in terms of number of units or in terms of sales revenue.

Question 1

	True
	False

Question 2

Monroe Manufacturing produces and sells a product with a price of $100/unit. The following data has been prepared for its estimated upper and lower levels of activity.

Production Category	Lower Limit	Upper Limit
Units of Production	4,000 units	6,000 units
Direct Materials	$60,000	$90,000
Direct Labor	$80,000	$120,000
Manufacturing Overhead:
Indirect materials	$25,000	$37,500
Indirect labor	$40,000	$50,000
Depreciation	$20,000	$20,000
Selling and Admin. Expenses:
Sales salaries	$50,000	$65,000
Office salaries	$30,000	$30,000
Advertising	$45,000	$45,000
Other	$15,000	$20,000
Totals	$365,000	$477,500

The fixed expenses for this company are Question 2 options:

	sales salaries, office salaries, and advertising.
	indirect materials, indirect labor, and depreciation.
	direct materials, direct labor, and depreciation.
	depreciation, office salaries, and advertising.

Question 3

Jackie's Snacks sells fudge, caramels, and popcorn. It sold 11,000 units last year. Popcorn outsold fudge by a margin of 2 to 1. Sales of caramels were the same as sales of popcorn. Fixed costs for Jackie's Snacks are $15,000. Additional information follows:

Product	Unit Sales Prices	Unit Variable Cost
Fudge	$6.00	$4.00
Caramels	$7.00	$6.00
Popcorn	$9.00	$2.00

The breakeven sales volume in units for Jackie's Snacks is (Round the final answer up to the nearest unit.)Question 3 options:

	54,000.
	3056.
	39,600.
	4167.

Question 4

Marie's Magic Shoppe provides the following information about its single product.

Targeted operating income	$40,000
Selling price per unit	$23.92
Variable costs per unit	$15.00
Total fixed costs	$91,000

What is the contribution margin ratio?Question 4 options:

	63%
	37%
	44%
	268%

Question 5

Medoc Company provides the following information about its single product.

Targeted operating income	$58,170
Selling price per unit	$6.20
Variable cost per unit	$4.95
Total fixed cost	$61,500

What is the breakeven point in units?Question 5 options:

	46,536
	5516
	5217
	49,200

Question 6

J&A Corporation has a monthly target operating income of $26,100. Variable expenses are 10% of sales and monthly fixed expenses are $9900. What is the monthly margin of safety as a percentage of target sales in dollars?

Question 6 options:

	137.93%
	72.50%
	263.64%
	90.00%

Question 7

Palmer's Gourmet Chocolates produces and sells assorted boxed chocolates. The unit selling price is $60, unit variable costs are $15, and total fixed costs are $3600. What are breakeven sales in dollars?

Question 7 options:

	$3600
	$1
	$4800
	$80

Question 8

Slamburger's sells four cheeseburgers for every two regular hamburgers. A cheeseburger sells for $2.75 with a variable cost of $2.25. A regular hamburger sells for $2 with a variable cost of $0.50. What is the weighted average contribution margin?

Question 8 options:

	$5.00
	$2.50
	$0.83
	$1.05

Question 9

Yellow Company's variable expenses are 40% of sales and have monthly fixed expenses of $15,000. The monthly target operating income is $3600. What is Yellow Company's operating leverage factor at the target level of operating income?

Question 9 options:

	1.24
	5.17
	3.10
	0.19

Question 10

Corny and Sweet grows and sells sweet corn at its roadside produce stand. The selling price per dozen is $4.00, variable costs are $2.00 per dozen, and total fixed costs are $1200.00. What are breakeven sales in dollars?

Question 10 options:

	$600
	$2400
	$1200
	$3600

please i need help with these questions.