Question: Multiple Choice Question 67 Coronado Industries's high and low level of activity last year was 53000 units of product produced in May and 17000 units




Multiple Choice Question 67 Coronado Industries's high and low level of activity last year was 53000 units of product produced in May and 17000 units produced in November. Machine maintenance costs were $198200 in May and $75800 in November, Using the high low method, determine an estimate of total maintenance cost for a month in which production is expected to be 37000 units O $166500 $180200 O$139300 $143800 Multiple Choice Question 86- Bonita Industries produces flash drives for computers, which it sells for $15 each. Each flash drive requires $6 of variable costs to make. During April, 1000 drives were sold. Fixed costs for April were $1000. How much is the contribution margin ratio? O30% O 53% 47 % O 60 % Multiple Choice Question 88 If a company had a contribution margin of $800000 and a contribution margin ratio of 40 % , total variable costs must have been $1200000. $480000. $2000000. $320000. Multiple Choice Question 90 A company has a unit contribution margin of $80 and a contribution margin ratio of 50%. What is the unit selling price? $107 $160 $40 Cannot be determined. Multiple Choice Question 92 Marigold Corp's variable costs are 30 % of sales. The company is contemplating an advertising campaign that will cost $60000, If sales are expected to increase $220000, by how much will the company's net income increase?" e $154000 e $160000 O$66000 $94000
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