161. Assume that Growley Co. sold 8,000 units of Product A and 2,000 units of Product B during the past year. The unit contribution margins for Products A and B are $30 and $60 respectively. Growley has fixed costs of $378,000. The break-even point in units is: A. 8,000 unitsB. 6,300 unitsC. 12,600 unitsD. 10,500 units
162. Shipley Co. sells two products, Orks and Zins. Last year Shipley sold 14,000 units of Orks and 21,000 units of Zins. Related data are:
Product
Unit SellingPrice
Unit VariableCost
Unit ContributionMargin
Orks
$120
$80
$40
Zins
80
60
20
What was Shipley’s Co.’s sales mix last year? A. 60% Orks, 40% ZinsB. 30% Orks, 70% ZinsC. 70% Orks, 30% ZinsD. 40% Orks, 60% Zins
163. Shipley Co. sells two products, Orks and Zins. Last year Shipley sold 14,000 units of Orks and 21,000 units of Zins. Related data are:
Product
Unit SellingPrice
Unit VariableCost
Unit ContributionMargin
Orks
$120
$80
$40
Zins
80
60
20
What was Shipley’s Co.’s unit selling price? A. $200B. $96C. $120D. $80
164. Shipley Co. sells two products, Orks and Zins. Last year Shipley sold 14,000 units of Orks and 21,000 units of Zins. Related data are:
Product
Unit SellingPrice
Unit VariableCost
Unit ContributionMargin
Orks
$120
$80
$40
Zins
80
60
20
What was Shipley’s Co.’s overall unit contribution margin? A. $20B. $40C. $28D. $24
165. Shipley Co. sells two products, Orks and Zins. Last year Shipley sold 14,000 units of Orks and 21,000 units of Zins. Related data are:
Product
Unit SellingPrice
Unit VariableCost
Unit ContributionMargin
Orks
$120
$80
$40
Zins
80
60
20
Assuming that last years fixed costs totaled $159,992, what was Shipley’s Co.’s breakeven point in units? A. 5,714 unitsB. 4,000 unitsC. 8,000 unitsD. 2,667 units
166. If a business had a capacity of $8,000,000 of sales, actual sales of $5,000,000, break-even sales of $3,500,000, fixed costs of $1,400,000, and variable costs of 60% of sales, what is the margin of safety expressed as a percentage of sales? A. 25%B. 18%C. 28%D. 30%
167. If sales are $400,000, variable costs are 75% of sales, and operating income is $50,000, what is the operating leverage? A. 0B. 1.25C. 2.2D. 2
168. The Zucker Company reports the following data.
Sales
$600,000
Variable costs
$300,000
Fixed costs
$100,000
Zucker Company’s operating leverage is: A. 3.0B. 2.0C. 1.0D. 1.5
169. Knotley Co. sells two products, X and Y. Last year Knotley sold 14,000 units of X’s and 21,000 units of Y’s. Related data are:
Unit Selling Price
Unit Variable
Unit contribution
Product
Price
Cost
Margin
X
$110
$70
$40
Y
70
50
$20
What was Knotley Co.’s sales mix last year? A. 58% X’s, 42% Y’sB. 60% X’s, 40% Y’sC. 30% X’s, 70% Y’sD. 40% X’s, 60% Y’s
170. Knotley Co. sells two products, X and Y. Last year Knotley sold 14,000 units of X’s and 21,000 units of Y’s. Related data are:
Unit Selling Price
Unit Variable
Unit contribution
Product
Price
Cost
Margin
X
$110
$70
$40
Y
70
50
$20
What was Knotley Co.’s overall unit selling price? A. $180B. $86C. $100D. $110
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