1. The break-even point is when
A)
B)
C)
D)
E)
2. Pauley Company provides home health care. Pauley charges $35/hour for professional care. Variable costs are $21/hour and fixed costs are $78,000. Next year, Pauley expects to charge out 12,000 hours of home health care. What is the variable cost ratio?
A)
B)
C)
D)
E)
3.Pauley Company provides home health care. Pauley charges $35/hour for professional care. Variable costs are $21/hour and fixed costs are $78,000. Next year, Pauley expects to charge out 12,000 hours of home health care. What is the contribution margin ratio? A)
B)
C)
D)
E)
4.A company provided the following data:
|
Selling price per unit
|
$60
|
|
Variable cost per unit
|
$40
|
|
Total fixed costs
|
$400,000
|
What is the break-even point in units?
A)
B)
C)
D)
E)
5.Foster Company makes power tools. The budgeted sales are $420,000, budgeted variable costs are $147,000, and budgeted fixed costs are $227,500. What is the break-even point in sales dollars?
A)
B)
C)
D)
E)
6.Foster Company makes power tools. The budgeted sales are $420,000, budgeted variable costs are $147,000, and budgeted fixed costs are $227,500. What is the contribution margin?
A)
B)
C)
D)
E)