#12
|
A company with monthly revenue of $142,000, variable costs of $55,500, and fixed costs of $42,200 has a contribution margin of: |
|
$86,500. |
|
|
$99,800. |
|
|
$142,000. |
|
|
$43,250. |
#13
|
A company with monthly fixed costs of $300,000 expects to earn monthly operating income of $64,000 by selling 13,000 units per month. What is the company’s expected unit contribution margin? |
|
$28. |
|
|
$23. |
|
|
$5. |
|
|
The information given is insufficient to determine unit contribution margin. |
#14
|
If monthly fixed costs are $21,000 and the contribution margin ratio is 50%, the monthly sales volume required to break even is: |
|
$10,500. |
|
|
$42,000. |
|
|
$52,500. |
|
|
$31,500. |
#15
|
Product X sells for $30 per unit and has related variable costs of $15 per unit. The fixed costs of producing product X are $64,000 per month. How many units of product X must be sold each month to earn a monthly operating income of $56,000? |
|
3,733. |
||||||||||||||||||||
|
2,133. |
||||||||||||||||||||
|
4,267. |
||||||||||||||||||||
|
8,000. #16 17 The following data are available for product no. CK74, manufactured and sold by Ruby Corporation:
16. The contribution margin per unit for product no. CK74 is:
|