The second picture are the rest of the multiple choice answers to #12
Difficulty: 3 Hard Learning Objective: 16-C3 Describe accounting for production activity and preparation of a process cost summary using weighted average. 11 Award: 2.00 points Madison Corporation sells three products (M, N, and O) in the following mix: 3:12. Unit price and cost data are MN $7 $4 $6 Unit sales price Unit variable costs Total fxed costs are $340,000 The selling price per composite unit for the current sales mix (rounded to the nearest cent) is: O $17.00 o $567 O $20.00. O $37.00 O $25.00 Learning Objective: 18-P4 Compute the break-even point for a multiproduct company Multiple Choice Difficulty: 3 Hard 12. Award: 2.00 points manufactures and sells three distinct styles of bicycles: the Youth model sells for $300 and has a unit contribution margin of $105; the Adulit model sells for $850 and has a unit contribution margin of $450, and the Recreational model sells for $1,000 and has a unit contribution margin of $500. The company's sales mix includes: 5 Youth models; 9 Adult models; break-even point in total sales dollars and 6 Recreational models. If the rm's annual fixed costs total $6,500,000, calculate the firm's O $13,250,000 O $13,000.000. O $12.750,000 $12.900,050. O $12.750,625 References Multiple Choice Dfficulty 3 Hard Learning Objective: 18-P4 Compute the break-even point for a multiproduct company 13. Award: 2.00 points The budgeted income statement presented below is for Burkett Corporation for the coming fscal year. Compute number of units that must be sold in order to achieve a target pretax income of $130.000. $1,000.000 Sales (50,000 units) Costs: $270,000 Direct materials Direct labor Fixed factory overhead Variable factory overhead Fixed marketing costs Variable marketing costs 240,000 100,000 150,000 10.000 50.000 920,000 $ 80,000 Pretax income o 53,165. O 81.250 O 36.207 O 50,000. O 58,621 References Learning Objective: 18-C2 Describe several applications of cost-volume-proft analysis Difficulty: 3 Hard Multiple Cholce