1.If sales totaled $200,000 for the current year (10,000 units at $20 each) and planned sales totaled $187,500 (12,500 units at $15 each), the effect of the unit price factor on the change in sales is a:
- $50,000 increase
- $12,500 increase
- $62,500 increase
- $37,500 decrease
2.If sales totaled $800,000 for the year (80,000 units at $10.00 each) and the planned sales totaled $819,000 (78,000 units at $10.50 each), the effect of the unit price factor on the change in sales is:
- $19,000 decrease
- $21,000 increase
- $40,000 decrease
- $21,000 decrease
3.The relative distribution of sales among various products sold is referred to as the:
- by-product mix
- joint product mix
- profit mix
- sales mix
4.Management should focus its sales and production efforts on the product or products that will provide
- the highest sales revenue
- the lowest product costs
- the maxiumum contribution margin
- the lowest direct labor hours