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Variable cost per unit can be estimated by performing break-even calculations. increases on a per unit basis when the level of activity increases. O is represented by the slope of the total cost line. O All of these answer choices are correct. The range of activity for which estimates and predictions are likely to be accurate is the incremental range. margin of safety. relevant range. range of opportunity. Management of MRC Enterprises has provided the following output from Excel What is the estimated cost for a production level of 1,200 units? SUMMARY OUTPUT Statistics Multiple R 0.8939072 0.7990702 R Square Adjusted R2 Standard Error 0.7488377 10744.516 Observations 6 Significance F ANOVA df SS MS F Regression 1 1836429 1836429 15.90745 0.0162864 Residual 4 46177852 11544463 Total 5 2298208 Upper 95% Lower 95% Upper 95% Coefficients Std Error t Stat P-value Lower 95% Intercept 47757.05 34958.30 1.36611 0.24366 -49302.764 144816.88 49302. 144816.8 $1,730 $55,394 $7,636 There is not enough information provided to determine the answer. What must be true if the contribution margin is less than zero? The selling price per unit is less than the variable cost per unit Total fixed costs will be greater than total variable costs. Not enough units were sold. Fixed costs plus variable costs are less than total revenue. The margin of safety is the difference between O total revenue and total fixed costs. O expected level of sales and the break-even point in revenue dollars. expected profit and profit at break-even. selling price and variable cost per unit. Splurge Electronics sells homework machines for $80 each. Variable costs per unit are $45 and total fixed costs are $43,750. Splurge is considering the purchase of new equipment that would increase fixed costs to $48,700, but decrease the variable costs per unit by $5. At that level, Splurge Electronics expects it can sell 1,500 units next year. What is the company's break-even point in units if it purchases the new equipment, assuming the selling price remains constant? (Round your answer to the nearest whole number.) 1,250 units 1,218 units 650 units 2,312 units Angel Toys is a producer of tiny dolls for children. Following is information about its revenue and cost structure: Assume that the current sales level is 14,000 dolls. What impact would a 10% increase in sales have on income? $8.00 Selling price per doll Variable costs per doll: Production ( manufacturing costs) Selling and administration (non-manufacturing costs) Total fixed costs: Production (manufacturing costs) Selling and administration (non-manufacturing costs) $1.20 $0.40 $40,000 per year $32,000 per year Income would increase by 10% Income would increase by about 19% Income would increase by $11,200 Income would increase by about 51% Mexi-Foods produces tacos and burritos. Its financial information follows for the month of June: How much is the break-even point in total sales dollars for Mexi-Foods assuming the sales mix is stable? Tacos Burritos Sales revenue $40,000 $160,000 Fixed costs 8,000 40,000 Variable costs 15,000 75,000 Income $17,000 $45,000 $120,000 $87,273 $83,027 None of these answer choices are correct