A product sells for $100 per unit, and its variable costs are 63% of sales. The fixed costs are $440,300. What is the break-even point in sales dollars? (Do not round intermediate calculations.)

Multiple Choice

• $4,403.

• $1,190,000.

• $11,900.

• $698,889.

• $440,300.

  A company reports the following information:

  Month	Units Sold	Total Cost
  January	1,090	$ 5,640
  February	1,990	$ 7,280
  March	2,780	$ 8,100
  April	790	$ 4,030

  Using the high-low method, the estimated variable cost per unit is:

  Multiple Choice

• $2.91.

• $5.10.

• $2.05.

• $3.77.

• $5.37.

  A manufacturer reports the following costs to produce 14,000 units in its first year of operations: direct materials, $14 per unit, direct labor, $10 per unit, variable overhead, $154,000, and fixed overhead, $224,000. The total product cost per unit under absorption costing is:

  Multiple Choice

• $24 per unit.

• $35 per unit.

• $51 per unit.

• $40 per unit.

• $25 per unit.

  Carver Packing Company reports total contribution margin of $65,000 and income of $25,000 for the current month. In the next month, the company expects sales volume to increase by 5%. The degree of operating leverage and the expected percent change in income, respectively, are:

  Multiple Choice

• 2.5 and 13%

• 0.38 and 5%

• 0.38 and 2.3%

• 2.6 and 5%

• 2.6 and 13%

  Goldfarb Company manufactures and sells toasters. Each toaster sells for $24.15 and the variable cost per unit is $16.30. Goldfarb's total fixed costs are $25,400, and budgeted sales are 8,400 units. What is the contribution margin per unit?

  Multiple Choice

• $7.85.

• $16.30.

• $24.15.

• $65,940.

• $1.31.

  A firm expects to sell 26,000 units of its product at $12.00 per unit and to incur variable costs per unit of $7.00. Total fixed costs are $80,000. The firms net income is:

  Multiple Choice

• $50,000.

• $80,000.

• $130,000.

• $182,000.

• $262,000.