As Três Marias manufactures and sells a specific model of hunting knife.  As três Marias’ management has identified the following data regarding their pricing, cost of production, and profit goals.     Selling price per unit: $40 Variable cost per unit: $15 Fixed costs: $25,000 What is the total sales revenue required to achieve a target profit of $10,000?

As Três Marias manufactures and sells a specific model of hunting knife.  As três Marias’ management has identified the following data regarding their pricing, cost of production, and profit goals.     Selling price per unit: $40 Variable cost per unit: $15 Fixed costs: $25,000 How many units must be sold to break even?

Which of the following regarding Volume-based and Activity Based Costing is true? 

A company produces 10,000 units and sells 8,000 units in a period. Fixed manufacturing overhead is $50,000, variable manufacturing cost per unit is $10, variable selling and administrative cost per unit is $5, and the selling price per unit is $30. Using absorption costing and variable costing, what is the net operating income for each costing system? (HINT: the production versus sales will give you the correct answer without doing any calculations)

Below is a dataset showing the total monthly maintenance costs and machine hours for a manufacturing plant over five months: Month Machine Hours Total Maintenance Cost ($) January 1,200 8,400 February 1,500 9,300 March 1,800 10,200 April 1,000 7,800 May 1,400 8,900 What is the total fixed maintenance cost per month?

Which of the following is an example of a facility-level activity?

Below is a dataset showing the total monthly maintenance costs and machine hours for a manufacturing plant over five months: Month Machine Hours Total Maintenance Cost ($) January 1,200 8,400 February 1,500 9,300 March 1,800 10,200 April 1,000 7,800 May 1,400 8,900 Using the high-low method, what would be the estimated total maintenance cost if the plant operates at 2,000 machine hours?

Which type of business would benefit most from using Activity-Based Costing?

Which of the following best describes a step cost?

Below is a dataset showing the total monthly maintenance costs and machine hours for a manufacturing plant over five months: Month Machine Hours Total Maintenance Cost ($) January 1,200 8,400 February 1,500 9,300 March 1,800 10,200 April 1,000 7,800 May 1,400 8,900 What is the variable cost per machine hour?