Watson Company has monthly fixed costs of $77,000 and a 50% contribution margin ratio. If the company has set a target monthly income of $14,400, what dollar amount of sales must be made to produce the target income?

Multiple Choice

$182,800

$154,000

$28,800

$125,200

$91,400

A manufacturer reports the following costs to produce 12,000 units in its first year of operations: Direct materials, $12 per unit, Direct labor, $8 per unit, Variable overhead, $84,000, and Fixed overhead, $120,000. The total product cost per unit under absorption costing is:

Multiple Choice

$30 per unit.

$27 per unit.

$20 per unit.

$37 per unit.

$19 per unit.

Barclay Enterprises manufactures and sells three distinct styles of bicycles: the Youth model sells for $480 and has a unit contribution margin of $288; the Adult model sells for $940 and has a unit contribution margin of $564; and the Recreational model sells for $1,160 and has a unit contribution margin of $696. The company's sales mix includes: 5 Youth models; 9 Adult models; and 6 Recreational models. If the firm's annual fixed costs total $8,340,000, calculate the firm's break-even point in total sales dollars.

Multiple Choice

$13,674,071.

$13,900,000.

$13,415,584.

$14,384,416.

$13,417,163.