1. Question:
( TCO 4) Which of the following will have no effect on the break-even point in units?
2. Question:
( TCO 4) Circle K Furniture has a contribution margin ratio of 16 %. If fixed costs are $ 176,800, how many dollars of revenue must the company generate in order to reach the break-even point?
3. Question:
( TCO 4) Randy Company produces a single product that is sold for $ 85 per unit. If variable costs per unit are $ 26 and fixed costs total $ 47,500, how many units must Randy sell in order to earn a profit of $ 100,000?
4. Question:
( TCO 5) In full costing, when does fixed manufacturing overhead become an expense?
5. Question:( TCO 5) Variable costing income is a function of: 6. Question:
( TCO 5) Peak Manufacturing produces snow blowers. The selling price per snow blower is $ 100. Costs involved in production are:
7. Question:
( TCO 6) Which of the following is not a reason that companies allocate costs?
8. Question:
( TCO 6) Which of the following statements about cost pools is not true?