Winger corp sells a product for 5 per unit the fixed

Reference no: EM13599202

1.which one statement is true?
a. one of the lessons learned from activity based costing is that all costs are really a function of volume
b. the primary purpose of the plant wide and department allocation methods is allocating direct costs to specific products
c. a problem with activity-based costing is that it requires more record keeping than other methods
d. direct cost allocations are required for the plant wide and department allocation methods.

2.Winger Corp. sells a product for $5 per unit. The fixed expenses are $200,000 and the unit variable expenses are 60% of the selling price. What sales would be necessary in order for Winger Corp. to realize a profit of $34,000?

A. $700,000
B. $585,000
C. $610,000
D. $420,000

3.What is the break-even in sales dollars?

A. $420,000

B. $660,000

C. $400,000

D. $540,000]

4.The margin of safety as a percentage of sales is closest to:

A. 29%
B. 59%
C. 71%
D. 41%

Reference no: EM13599202

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