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Cornerstones of Managerial Accounting Study Set 1
Quiz 4: Costvolumeprofit Analysis: a Managerial Planning Tool
Refer to the Figure
Question 61
Multiple Choice
Refer to the Figure.Plastic Gym expects tree house demand to increase from 4,000 to 8,000 units per year.How many tree houses are sold at break-even? A) 668 B) 875 C) 1,002 D) 1,750
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Related questions
Q 62
Refer to the Figure.What is the sales mix of jungle gyms and tree houses (rounded down to whole numbers)? A) 2:3 B) 3:1 C) 3:2 D) 4:1
Q 63
Refer to the Figure.What is the break-even point in sales dollars? A) $112,500 B) $150,000 C) $171,429 D) $400,000
Q 64
Refer to the Figure.How many sales in dollars are needed to generate a profit of $30,000? A) $100,000 B) $150,000 C) $214,286 D) $500,000
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