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92. What was Phipps Co.”s sales mix last year? 93. What was Phipps Co.”s total unit selling price? A. $200 b. $100 c. $ 80 d. $ 92 ANS: D DIF: Easy OBJ: 21-05 NAT: AACSB Analytic | IMA-Performance Measurement 94. What was Phipps Co.”s overall unit variable cost? A. $140 b. $ 70 c. $ 66 d. $ 60 ANS: C DIF: Easy OBJ: 21-05 NAT: AACSB Analytic | IMA-Performance Measurement 95. What was Phipps Co.”s overall unit contribution margin? A. $26 b. $60 c. $92 d. $20 ANS: A DIF: Easy OBJ: 21-05 NAT: AACSB Analytic | IMA-Performance Measurement 96. Assuming that last year”s fixed costs totaled $910,000, what was Phipps Co.”s break-even point in units? A. 40,000 units b. 12,000 units c. 35,000 units d. 28,000 units ANS: C DIF: Easy OBJ: 21-05 NAT: AACSB Analytic | IMA-Performance Measurement 97. If a business had a capacity of $10,000,000 of sales, actual sales of $6,000,000, break-even sales of $4,500,000, fixed costs of $1,800,000, and variable costs of 60% of sales, what is the margin of sa
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