Question: Hsu, Inc. sells a single product for $10. Variable costs are $5 per unit and fixed costs total $360,000 at a volume level of 60,000

Hsu, Inc. sells a single product for $10. Variable costs are $5 per unit and fixed costs total $360,000 at a volume level of 60,000 units. Assuming that fixed costs do not change, how much sales revenue must the company generate to earn a target profit of $40,000?

$800,000
$400,000
$200,000
$180,000

At Medallion Industries, during 2022 the anticipated production is 5,000 units, budgeted variable cost per unit is $14, and budgeted total fixed costs are $36,000. If 5,200 units are actually produced, what is the expected total cost?

108,800
72,800
70,000
108,000

Which of the following is an example of a fixed cost?

Gasoline consumed by salespersons' cars.
Property taxes paid by a firm to a large city.
The wages of part-time workers who are paid $8 per hour.
Paper used in the manufacture of textbooks.
Surgical supplies used in a hospital's operating room

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