The contribution margin ratio equals: Multiple Choice Sales contribution margin. Sales variable expenses. Contribution margin sales. Contribution margin variable expenses. Using variable costing. what is the company's unit product cost? Multiple Choice $157 $127 $147 $117 Assume the following information for a company that produced and sold 10,000 units during its first year of operations: Using variable costing. what is the company's net operating income? Multiple Choice $610,000 $310,000 $390,000 $290,000 If sales equal $305,600, variable expenses equal $200,000, and the degree of operating leverage is 11 , then the net operating income is: Multiple Choice $18,182. $27,782. $9,600. $37,382. Assume the following (1) selling price per unit =$30, (2) variable expense per unit =$18, and (3) total fixed expenses =$31,200. Given these three assumptions, the unit sales needed to break-even is: Multiple Choice 5,100 units. 35,100 units. 33,700 units. 2,600 units. Using absorption costing, what is the cost of the company's ending inventory? Multiple Choice $133,000 $163,000 $141,000 $28,000 The variable expense ratio equals: Multiple Choice Sales contribution margin. Sales variable expenses. Variable expenses sales. Variable expenses contribution margin. Which of the following statements is false? Multiple Choice Variable costing treats direct materials as a product cost. Variable costing treats fixed manufacturing overhead as a product cost. Variable costing treats variable manufacturing overhead as a product cost. Variable costing treats direct labor as a product cost. Assume the following (1) selling price per unit = $30, (2) variable expense per unit =$18, and (3) total fixed expenses =$33,600. Given these three assumptions, the unit sales needed to achieve a target profit of $11,400 is: Multiple Choice 3,750 units. 15,150 units. 60,150 units. 45,000 units. ssume the following (1) sales =$200,000, (2) unit sales =10,000, (3) the contribution margin ratio =28%, and (4) net operating income =$10,000. Given these four assumptions, which of the ollowing is true? Multiple Choice The total fixed expenses =$144,000 The variable expense per unit =$5.60 The total contribution margin =$56,000 The break-even point is 8,864 units