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188) Data concerning Sinisi Corporation's single product appear below:
Selling price per unit
$
200.00
Variable expense per unit
$
58.00
Fixed expense per month
$
407,540
The break-even in monthly dollar sales is closest to:
A) $407,600
B) $1,405,400
C) $574,000
D) $795,600
189) Zanetti Corporation produces and sells a single product. Data concerning that product
appear below:
Selling price per unit
$
110.00
Variable expense per unit
$
34.10
Fixed expense per month
$
132,066
The break-even in monthly unit sales is closest to:
A) 3,873 units
B) 1,740 units
C) 1,201 units
D) 2,271 units
190) Zanetti Corporation produces and sells a single product. Data concerning that product
appear below:
Selling price per unit
$
110.00
Variable expense per unit
$
34.10
Fixed expense per month
$
132,066
The break-even in monthly dollar sales is closest to:
A) $191,400
B) $249,810
C) $426,030
D) $132,110
191) Junior Bodway, Inc., has provided the following budgeted data:
Sales
10,000
units
Selling price
$
50
per unit
Variable expense
$
30
per unit
Fixed expense
$
180,000
What is the company's break-even point in sales dollars?
A) $450,000
B) $180,000
C) $300,000
D) $500,000
192) Junior Bodway, Inc., has provided the following budgeted data:
Sales
10,000
units
Selling price
$
50
per unit
Variable expense
$
30
per unit
Fixed expense
$
180,000
How many units would the company have to sell in order to have a net operating income of
$40,000?
A) 20,000 units
B) 9,000 units
C) 11,000 units
D) 7,333 units
193) Junior Bodway, Inc., has provided the following budgeted data:
Sales
10,000
units
Selling price
$
50
per unit
Variable expense
$
30
per unit
Fixed expense
$
180,000
At the budgeted sales level of 10,000 units, what is the company's degree of operating leverage?
A) 10.0
B) 6.0
C) 22.5
D) 5.0
194) Maziarz Corporation produces and sells a single product. Data concerning that product
appear below:
Selling price per unit
$
220.00
Variable expense per unit
72.60
Fixed expense per month
$
548,328
Assume the company's target profit is $14,000. The unit sales to attain that target profit is closest
to:
A) 7,746 units
B) 2,556 units
C) 4,706 units
D) 3,815 units
195) Maziarz Corporation produces and sells a single product. Data concerning that product
appear below:
Selling price per unit
$
220.00
Variable expense per unit
72.60
Fixed expense per month
$
548,328
Assume the company's target profit is $16,000. The dollar sales to attain that target profit is
closest to:
A) $564,328
B) $1,710,085
C) $1,038,898
D) $842,281
196) Speckman Enterprises, Inc., produces and sells a single product whose selling price is
$200.00 per unit and whose variable expense is $68.00 per unit. The company's monthly fixed
expense is $514,800.
Assume the company's target profit is $11,000. The unit sales to attain that target profit is closest
to:
A) 2,629 units
B) 3,983 units
C) 4,781 units
D) 7,732 units
197) Speckman Enterprises, Inc., produces and sells a single product whose selling price is
$200.00 per unit and whose variable expense is $68.00 per unit. The company's monthly fixed
expense is $514,800.
Assume the company's target profit is $12,000. The dollar sales to attain that target profit is
closest to:
A) $1,549,412
B) $798,182
C) $526,800
D) $958,131
198) Data concerning Strite Corporation's single product appear below:
Selling price per unit
$
150.00
Variable expense per unit
42.00
Fixed expense per month
$
421,200
Assume the company's target profit is $17,000. The unit sales to attain that target profit is closest
to:
A) 5,804 units
B) 2,921 units
C) 4,057 units
D) 10,433 units
199) Data concerning Strite Corporation's single product appear below:
Selling price per unit
$
150.00
Variable expense per unit
42.00
Fixed expense per month
$
421,200
Assume the company's target profit is $8,000. The dollar sales to attain that target profit is
closest to:
A) $596,111
B) $1,532,857
C) $852,723
D) $429,200
200) Highjinks, Inc., has provided the following budgeted data:
Sales
20,000
units
Selling price
$
100
per unit
Variable expense
$
70
per unit
Fixed expense
$
450,000
What is the company's margin of safety as a percentage of sales?
A) 50%
B) 25%
C) 75%
D) 100%
201) Highjinks, Inc., has provided the following budgeted data:
Sales
20,000
units
Selling price
$
100
per unit
Variable expense
$
70
per unit
Fixed expense
$
450,000
How many units would the company have to sell in order to have a net operating income equal to
5% of total sales dollars?
A) 18,000 units
B) 20,000 units
C) 15,333 units
D) 14,286 units
202) Jerrel Corporation sells a product for $230 per unit. The product's current sales are 24,000
units and its break-even sales are 17,280 units.
What is the margin of safety in dollars?
A) $5,520,000
B) $1,545,600
C) $3,974,400
D) $3,680,000
203) Jerrel Corporation sells a product for $230 per unit. The product's current sales are 24,000
units and its break-even sales are 17,280 units.
The margin of safety as a percentage of sales is closest to:
A) 61%
B) 28%
C) 72%
D) 39%
204) Maruska Corporation has provided the following data concerning its only product:
Selling price
$
180
per unit
Current sales
29,800
units
Break-even sales
25,032
units
What is the margin of safety in dollars?
A) $4,505,760
B) $858,240
C) $3,576,000
D) $5,364,000
205) Maruska Corporation has provided the following data concerning its only product:
Selling price
$
180
per unit
Current sales
29,800
units
Break-even sales
25,032
units
The margin of safety as a percentage of sales is closest to:
A) 19%
B) 16%
C) 84%
D) 81%
206) Bois Corporation has provided its contribution format income statement for January.
Sales
$
426,400
Variable expenses
260,000
Contribution margin
166,400
Fixed expenses
120,900
Net operating income
$
45,500
The degree of operating leverage is closest to:
A) 0.11
B) 9.37
C) 0.27
D) 3.66
207) Bois Corporation has provided its contribution format income statement for January.
Sales
$
426,400
Variable expenses
260,000
Contribution margin
166,400
Fixed expenses
120,900
Net operating income
$
45,500
If the company's sales increase by 7%, its net operating income should increase by about:
A) 26%
B) 7%
C) 66%
D) 11%
