# 110 the selling price of a road king bicycle is 700 unit variable costs are 350 and 4308059

110) The selling price of a Road King bicycle is \$700, unit variable costs are \$350, and total fixed costs are \$12,600. How many bicycles will Road King need to sell to breakeven?

A) 25,200

B) 12

C) 36

D) 18

111) The selling price of a Road King bicycle is \$700, unit variable costs are \$350, and total fixed costs are \$12,600. What are breakeven sales in dollars?

A) \$8,400

B) \$36

C) \$12,600

D) \$25,200

112) Barbara&#39;s Candles provides the following information about its single product.

Targeted operating income\$55,000

Selling price per unit\$100.00

Variable cost per unit\$60.00

Total fixed cost\$90,000

What is the contribution margin per unit?

A) \$60.00

B) \$0.40

C) \$160.00

D) \$40.00

113) Barbara&#39;s Candles provides the following information about its single product.

Targeted operating income\$55,000

Selling price per unit\$100.00

Variable cost per unit\$60.00

Total fixed cost\$90,000

What is the breakeven point in units?

A) 2,250

B) 1,375

C) 344

D) 563

114) Barbara&#39;s Candles provides the following information about its single product.

Targeted operating income\$55,000

Selling price per unit\$100.00

Variable cost per unit\$60.00

Total fixed cost\$90,000

How many units must be sold to earn the targeted operating income?

A) 1,375

B) 3,625

C) 2,250

D) 906

115) Martin Enterprises has a predicted operating income of \$140,000. Its total variable expenses are \$50,000 and its total fixed expenses are \$20,000. The unit contribution margin for the company&#39;s sole product is \$10. The number of units that Martin Enterprises needs to sell to achieve the predicted operating income would be

A) 12,000.

B) 21,000.

C) 11,000.

D) 16,000.

116) Martin Enterprises has a predicted operating income of \$140,000. Its total variable expenses are \$50,000 and its total fixed expenses have doubled from \$20,000 to \$40,000. The unit contribution margin for the company&#39;s sole product is \$10. The number of units that Martin Enterprises needs to sell to achieve the predicted operating income would be

A) 10,000.

B) 13,000.

C) 23,000.

D) 18,000.

117) Rogers Incorporated has a targeted operating income of \$518,000 for the upcoming year. The selling price of its single product is \$40.50 each, while the variable cost per unit is \$12.50. Fixed costs total \$182,000.

Calculate the following:

a.Contribution margin per unit

b.Breakeven point in units

c.Units to be sold to earn the targeted operating income

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