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MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. 1) 1) Young Guns Company, which sells tents, has provided the following information: Price per unit Variable cost per unit Fixed costs per month $12,600 $40 12 What are the required sales in units for Young to break even? D) 252 units A) 315 units B) 450 units C) 1,050 units 2) 2) Jupiter Inc. incurred fixed costs of $300,000. Total costs, both fixed and variable, are $450,000 when 50,000 units are produced. It sold 35,000 units during the year. Calculate the variable cost per unit A) $12 B) $9 C) $6 D) $3 3) Colin was a professional classical guitarist until a motorcycle accident left him disabled. After long 3) months of therapy, he hired an experienced luthier and started a small shop to make and sell Spanish guitars. The guitars sell for $700 and the fixed monthly operating costs are as follows: $ 800 2,500 480 Rent and utilities Wages and benefits to luthier Other expenses Colin's accountant told him about contribution margin ratios and he understood clearly that for every dollar of sales, S0.60 went to cover his fixed costs, and that anything past that point was pure profit. How many guitars does Colin have to sell each month to break even? A) 9 guitars B) 14 guitars C) 7 guitars D) 6 guitars 4) A 15% increase in production volume will result in a 4) A) 15% increase in total mixed costs C) 15% increase in total variable costs B) 15% increase in total administration costs D) 15% increase in the variable cost per unit