Use the following information, to answer question& Hours (X) Costs (Y Month #1 #2 #3 #4 3,000 4,500 9,000 5,500 $440 $690 $980 $600 8. Using the high-low method, what is the variable cost per unit for the above set of data? a) $9 b) $0.09 c) S11.11 d) $540 d) 5900 Which statement is true? 9. Croc Catchers calculates its contribution margin to be less than zero. a) Its fixed costs are less than the variable cost per unit. b) Its profits are greater than its total costs c) The company should sell more units d) Its selling price is less than its variable costs. frames: 10. In 2016, K Gallery had the following information related to producing 2000 $ 60,000 24,000 Sales Variable costs Fixed Net income If K Gallery sells 60 more frames, by how much will its profit increase? a)sis b) $540 c)$390 d) $1080 11. Ammar Company had the following financial statement amounts related to producing 500 units: $27,000 Direct materials Depreciation expense.11,000 Sales revenue Direct labor Rent expense 95,000 23,000 25,000 Determine the break-even point in units, rounded to the nearest whole number? a) $18 units b) $50 units c) 5122 units d) 400 units 12. Abdullah, Inc. is considering the following alternatives: Alternative ! Alternative 2 Variable costs Fixed costs $120,100 60,000 35,000 $120,000 60,000 39,000 Which of the following are relevant in choosing between the alternatives? a) variable costs b) revenues c) revenues and fixed costs d) variable costs and fixed costs