Which of the following represents the excess of the selling price per unit of a product over the variable cost of obtaining and selling each unit?
Unit contribution margin
The Muffin House produces and sells a variety of muffins. The selling price per dozen is $15, variable costs are $9 per dozen, and total fixed costs are $4,200. How many dozen muffins must The Muffin House sell to breakeven?
700
Moe's Pizza Shop sells a large pizza for $11.50. Unit variable expenses total $5.50. The breakeven sales in units is 5,000 and budgeted sales in units is 9,500. What is the margin of safety in dollars?
$51,750
The contribution margin ratio explains the percentage of each sales dollar that
contributes towards fixed costs and generating a profit
To find the sales revenue needed to breakeven, the formula used could be
fixed expenses/contribution margin ratio
The selling price of a particular product is $85.00 per unit, the variable expense is $49.00 per unit, and the breakeven sales in dollars is $340,000 what are total fixed expenses?
$144,000
Sales above the breakeven point indicate a _____, whereas sales below the breakeven point indicate a _____
profit, loss
By multiplying the operating leverage factor by the anticipated percentage change in volume, one can find
The anticipated change in operating income
If total fixed costs decrease while the selling price per unit and variable costs per unit remain constant, which of the following statements is true?
Breakeven point in units decreases
LaComedia Dinner Theater sells tickets for dinner and a show for $40 each. The cost of providing dinner is $26 per ticket and the fixed cost of operating the theater is $100,000 per month. The company can accommodate 12,000 patrons each month. What is the
35%