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Please show your calculations for every problem, Table 1 (use this for questions

ID: 2637465 • Letter: P

Question

Please show your calculations for every problem,

Table 1 (use this for questions below)

Average selling price per unit                    $16.00

Variable cost per unit                                  $11.00

Units sold                                                  200,000

Fixed costs                                           $800,000

Interest expense                                    $50,000

8.based on the data in Table 1, what is the break-even points in units produced and sold?

a.         $130,000

b.         $140,000

c.         $150,000

d.         $160,000

9.Based on the data contained in Table 1, what is the degree of operating leverage?

a.         1.00 times

b.         2.00 times

c.         3.00 times

d.         4.00 times

e.         5.00 times

10. Based on the data contained in Table a, what is the contribution margin?

a.         $5.00

b.         $4.00

c.         $3.00

d.         $2.00

11. Based on the data contained at Table 1, what is the degree of financial leverage?

a.         3.33 times

b.         2.50 times

c.         1.50 times

d.         1.33 times

12. Based on the data that contained at Table 1, what is the degree of combined leverage?

a.         6.33

b.         6.67

c.         7.33

d.         7.67

Table 1 (use this for questions below)

Average selling price per unit                    $16.00

Variable cost per unit                                  $11.00

Units sold                                                  200,000

Fixed costs                                           $800,000

Interest expense                                    $50,000

Explanation / Answer

8, a

9, c

10, b

11, b

12, a