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(TCO 4) Clearance Depot has total monthly costs of $8,000 when 2,500
units are produced and $12,400 when 5,000 units are produced. What is
the estimated total monthly fixed cost?
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?
9. Question :
(TCO 6) The building maintenance department for Jones Manufacturing
Company budgets annual costs of $4,200,000 based on the expected
operating level for the coming year. The costs are allocated to two
production departments. The following data relate to the potential
allocation bases:
Production Dept. 1