ACCT 346 Experience Tradition / tutorialrank.com ACCT 346 Experience Tradition / tutorialrank.com | Page 8

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 ?