Bundles of cedar shakes produced and sold.......... 360,000
Sales revenue......................................................... $2,412,000
Variable manufacturing expense........................... $1,170,000
Fixed manufacturing expense................................ $714,000
Variable selling and administrative expense......... $414,000
Fixed selling and administrative expense.............. $82,000
Net operating income............................................. $32,000
109. The company's break-even in unit sales is closest to: A) 118,806 B) 206,957 C) 346,087 D) 14,775
110. The company's contribution margin ratio is closest to: A) 72.6% B) 65.7% C) 34.3% D) 27.4%
111. The company's degree of operating leverage is closest to: A) 11.25 B) 25.88 C) 1.99 D) 75.38
