The break-even point is where A. sales revenue - fixed costs - variable costs - zero B. total sales revenue equals total costs C. total contribution margin equals total fixed costs D. all of the above A company ha contribution margin per unit of $18 and a contribution margin ratio of 40%. What is the unit selling price? A. $30.00 B. $45.00 C. $7.20 D. Cannot be determined with the current data The incremental profit generated by the sale of one additional unit is equal to the A. incremental cost per unit B. selling price per unit C. margin of safety D. contribution margin per unit Which concept answers the following question: 'If budgeted revenues are above breakeven and decline, how far can they fall before the breakeven point is reached?' A. incremental revenue B, margin of safety C. contribution margin D. relevant range Chipata Corporation applies manufacturing overhead to jobs on the basis of machine-hours. Chipata estimated 25,000 machine-hours and $10,000 of manufacturing overhead cost for the year. During the year, Chipata incurred 26, 200 machine-hours and $11, 300 of overhead. What was Chipata's underapplied or overapplied overhead for the year? A. $ 820 overapplied B. $820 underapplied C. $1, 300 underapplied D. $480 overapplied Washtenaw Corporation uses a job-order costing system. The following data are for last year: Estimated direct labor-hours12,000 Estimated manufacturing overhead costs $39,000 Actual direct labor-hours 11,000 Actual manufacturing overhead costs$37,000 Washtenaw applies overhead using a predetermined rate based on direct labor-hours. What amount overhead was applied to work in process last year? A. $42, 600 B. $36, 960 C $35, 750 D. $39, 050