'Unit 3 Quiz\r'

'1. Which of the undermenti stard is non a cost classification? (Points : 2) manifold Multiple Variable Fixed 2. Which of the following is non a fixed cost? (Points : 2) Direct materials disparagement Lease charge Property taxes 3. At the break-even lodge of 2,500 wholes, variable be argon $55,000, and fixed costs atomic number 18 $32,000. How much(prenominal) is the selling expense per unit? (Points : 2) $34. 80 $9. 20 $12. 80 $22. 00 4. The relevant retch of activity refers to the (Points : 2) geographical areas where the company plans to operate. activity take where all costs are curvianalogue. levels of activity everyplace which the company expects to operate. evel of activity where all costs are constant. 5. A CVP graph does not include a (Points : 2) variable cost line. fixed cost line. gross revenue line. total cost line. 6. Which whizz of the following is not an assumption of CVP analysis? (Points : 2) both units produced are sold. All costs are variable costs. gross sales mix remains constant. The behavior of costs and revenues are linear within the relevant range. 7. Variable costs for Foley, Inc. are 25% of gross revenue. Its selling price is $80 per unit. If Foley sells one unit more than break-even units, how much will hit increase? (Points : 2) $60. 00 $20. 00 $26. 66 $320. 00 8.Tiny Tots Toys has actual gross revenue of $400,000 and a break-even point of $260,000. How much is its margin of pencil eraser symmetry? (Points : 2) 35% 65% 154% 53. 8% 9. The following periodical data are useable for Wackadoos, Inc. which produces only one product: Selling price per unit, $42; building block variable expenses, $14; complete fixed expenses, $42,000; demonstrable sales for the month of June, 4,000 units. How much is the margin of safety for the company for June? (Points : 2) $70,000 $105,000 $63,000 $2,500 10. Hess, Inc. sells a product with a voice margin of $12 per unit, fixed costs of $74,400, and sales for the current year of $ 100,000.How much is Hesss break-even point? (Points : 2) 4,600 units $25,600 6,200 units 2,133 units period Remaining: 43. Hess, Inc. sells a product with a component part margin of $12 per unit, fixed costs of $74,400, and sales for the current year of $100,000. How much is Hesss break-even point? (Points: 4) 4,600 units $25,600 6,200 units 2,133 units BEP = $74,400/$12 = 6,200 units 46. The following monthly data are available for Wackadoos, Inc. which produces only one product: Selling price per unit, $42; Unit variable expenses, $14; Total fixed expenses, $42,000; Actual sales for the month of June, 4,000 units.How much is the margin of safety for the company for June? (Points: 4) $70,000 $105,000 $63,000 $2,500 UCM = $42 †$14 = $28 BEP = $42,000 / $28 = 1,500 units BEP $ = 1,500 ? $42 = $63,000 Expected Sales $ = $42 ? 4,000 = $168,000 MOS = $105,000 41. Tiny Tots Toys has actual sales of $400,000 and a break-even point of $260,000. How much is its margin of safety rati o? (Points: 4) 35% 65% 154% 53. 8% Margin of sentry go = $400,000 †$260,000 = $140,000 Margin of Safety Ratio = $140,000/$400,000 = 35%\r\n'