Question 5 4 pts Sander Corp. has reported the following cost data: Units Produced Total Cost $42,000 4,000 $124,000 12,000 $92,000 8,000 What is the equation for the cost line? O Y=$1,000+$10.25X Y $28,000 $8.00X + O Y-$92,000 $8.00X + Y-$4,000 $10.25X Question 6 4 pts Amber Co. is a wholesaler that sells a single product. Management has provided the following sales volume and cost data from the past two months. Amber Co. sells the product for $70 per unit. Sales Volume 6,200 units 5,800 units Total Cost $7o0,000 $620,000 What is the total contribution margin when 6,300 units are sold? (You must use the high-low method in the process to solve.) $214,000 $441,000 $315,000 $126,000 Question 9 4 pts Prior to the break-even point on a CVP graph, which of the following lines falls below the total revenue line? Both the fixed cost line and the total cost line always fall below the total revenue line prior to the break-even point. The fixed cost line sometimes falls below the total revenue line prior to the break-even point. The total cost line sometimes falls below the total revenue line prior to the break-even point. Neither the fixed cost line or the total cost line ever falls below the total revenue line. Question 10 4 pts Pencil Co. reported the following performance for May: $600,000 Sales -Variable Costs 480,000 Contribution Margin 120,000 -Fixed Costs 80,000 Net Income 40,000 Assuming no change is made to the cost structure, what would the change in net income be in June if Pencil Co. can increase sales by $75,000? $15,000 increase $55,000 increase $60,000 increase $75,000 increase Question 11 4 pts Harrison Co. distributes a single product. The company's income statement for the most recent month has been reported as follows: Per Unit Total $800,000 $500 Sales (1,600 units) -Variable Costs 400,000 250 Contribution Margin 400,000 250 -Fixed Costs 240,000 160,000 Net Income What is Harrison's break-even point in sales dollars? $480,000 $160,000 $460,000 $230,000