Question

1. Mcdale Inc. produces and sells two ...

Mcdale Inc. produces and sells two products. Data concerning those products for the most recent month appear below:

	Product I49V			Product Z50U
Sales	$	42,000		$	47,000
Variable expenses	$	13,000		$	28,830

The fixed expenses of the entire company were $38,960. The break-even point for the entire company is closest to:

Multiple Choice

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$80,790

$73,509

$38,960

$46,080

1. A cement manufacturer has supplied the following ...

A cement manufacturer has supplied the following data:

Tons of cement produced and sold		320,000
Sales revenue	$	1,024,000
Variable manufacturing expense	$	241,000
Fixed manufacturing expense	$	340,000
Variable selling and administrative expense	$	199,320
Fixed selling and administrative expense	$	101,000
Net operating income	$	142,680

The company's contribution margin ratio is closest to:

Multiple Choice

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43.3%

62.0%

66.8%

13.9%

1. Mullee Corporation produces a single product ...

Mullee Corporation produces a single product and has the following cost structure:

Number of units produced each year		7,000
Variable costs per unit:
Direct materials	$	51
Direct labor	$	12
Variable manufacturing overhead	$	2
Variable selling and administrative expense	$	5
Fixed costs per year:
Fixed manufacturing overhead	$	441,000
Fixed selling and administrative expense	$	112,000

The absorption costing unit product cost is:

Multiple Choice

$149 per unit

$65 per unit

$63 per unit

$128 per unit

1. A manufacturing company that produces a single ...

A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations:

Selling price	$	88
Units in beginning inventory		0
Units produced		5,200
Units sold		4,900
Units in ending inventory		300
Variable costs per unit:
Direct materials	$	12
Direct labor	$	23
Variable manufacturing overhead	$	2
Variable selling and administrative expense	$	5
Fixed costs:
Fixed manufacturing overhead	$	161,200
Fixed selling and administrative expense	$	63,700

The total contribution margin for the month under variable costing is:

Multiple Choice

$64,200

$249,900

$225,400

$98,000

1. Gulinson Corporation has two divisions: Division ...

Gulinson Corporation has two divisions: Division A and Division B. Data from the most recent month appear below:

	Total Company		Division A			Division B
Sales	$	591,000	$	222,000		$	369,000
Variable expenses		275,580		113,220			162,360
Contribution margin		315,420		108,780			206,640
Traceable fixed expenses		195,000		66,000			129,000
Segment margin		120,420	$	42,780		$	77,640
Common fixed expenses		65,010
Net operating income	$	55,410

The break-even in sales dollars for Division A is closest to: (Round your intermediate calculations to 2 decimal places.)

Multiple Choice

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$134,694

$184,531

$487,179

$267,367

Answer 1