1.

If the business produced 10,000,000 units, the variable cost per unit is $4.05, the selling price per unit is $20, and the total fixed cost is $9,400,000. The contribution margin ratio is closest to?

Select one:

a. 125.39%

b. 79.75%

c. 493.83%

d. 20.25%

2.

If profit after tax is $630,000, taxation is 30%, the required rate of return is 12%, and the investment is $2,000,000, the residual income calculation is:

Select one:

a. $390,000

b. 26.25%

c. $660,000

d. 31.5%

3.

The production budget for Skate Line Ltd shows that 800 skateboards are to be produced during the month of November. It takes 2 labour hours to produce each skateboard and labour is paid at $300 per 7.5 hour day. The budgeted cost of labour for the month of November is:

Select one:

a. $16 000

b. $64 000

c. $2 250

d. $4 600

Using the information below, calculate ARR: $172,000 $55,000 Expected annual net cash flows Annual depreciation Period of investment Initial investment Residual value at end of the investment period 4 years $500,000 $30,000 Select one: a. 44.15% O b. 49.79% O C. 64.91% O d. 73,19% Based on the information below, how many units does the business need to produce to achieve the before-tax desired profit? Selling price per unit Variable cost per unit Fixed costs Before-tax desired profit Tax rate $25.00 $20.00 $60 000 $80 000 30% Select one: O a. 16,000 O b. 16,800 O c. 34,858 O d. 28,000