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13. A recent income statement of Fox Corporation reported the following data:
Sales revenue $3,600,000
Variable costs 1,600,000
Fixed costs 1,000,000
If these data are based on the sale of 10,000 units, the break-even point would be:
A. 2,000 units.
B. 2,778 units.
C. 3,600 units.
D. 5,000 units.
E. an amount other than those above.
14. A recent income
statement of Yale Corporation reported the following data:
Sales revenue $2,500,000
Variable costs 1,500,000
Fixed costs 800,000
If these data are based on the sale of 5,000 units, the break-even sales would be:
A. $2,000,000.
B. $2,206,000.
C. $2,500,000.
D. $10,000,000.
E. an amount other than those above.
33. A recent income statement of Oslo Corporation reported the following data:
Units sold 8,000
Sales revenue
$7,200,000
Variable costs 4,000,000
Fixed costs 1,600,000
If the company desired to earn a target net profit of $480,000, it would have to sell:
A. 1,200 units.
B. 2,800 units.
C. 4,000 units.
D. 5,200 units.
E. an amount other than those above.
34. Yellow, Inc., sells a single product for $10. Variable costs are $4 per unit and fixed costs total $120,000 at a volume level of 10,000 units. What dollar sales level would Yellow have to
achieve to earn a target net profit of $240,000?
A. $400,000.
B. $500,000.
C. $600,000.
D. $750,000.
E. $900,000.
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