Question

1. Coronado reported the following information for the current year: Sales (57000 units) $1140000, direct materials...

1. Coronado reported the following information for the current year: Sales (57000 units) $1140000, direct materials and direct labor $570000, other variable costs $57000, and fixed costs $360000. What is Coronado’s break-even point in units?

a. 52615.

b. 40000.

c. 32727.

d. 36000.

2. Sheridan Company sells a product with a contribution margin of $10 per unit, fixed costs of $223200, and sales for the current year of $320000. How much is Sheridan’s break-even point?

a. $96800

b. 9680 units

c. 15568 units

d. 22320 units

3. Variable costs for Sunland Company are 40% of sales. Its selling price is $100 per unit. If Sunland sells one unit more than break-even units, how much will profit increase?

a. $80

b. $60

c. $250

d. $40

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