Forest Corporation has prepared the following budgeted data based on a sales forecast of $3,000,000:
What would be the amount of dollar sales at the break-even point?
Answer
$1,125,000
$2,000,000
$2,650,000
$1,750,000
Question 9
Meleski Corporation's recent utility costs are listed below:
Management believes that utility cost is a mixed cost that depends on machine-hours.
Using the least-squares regression method, the estimate of the variable component of utility cost per machine-hour is closest to:
Answer
$4.40
$4.79
$3.47
$3.37