Misa Corporation Manufactures Circuit Boards and Is in the Process

question 50

Multiple Choice

Misa Corporation manufactures circuit boards and is in the process of preparing next year's budget.The pro forma income statement for the current year is presented below. For the coming year,the management of Misa Corporation anticipates a 5 percent decrease in sales,a 10 percent increase in variable costs,and a $45,000 increase in fixed costs.The break-even point for next year would be:

• A)$3,022,500.
• B)$2,947,500.
• C)$2,668,750.
• D)$2,168,225.

---

Definitions:

Religious Toleration

The acceptance and allowance of different religious beliefs and practices without persecution.

Maryland

A state in the Mid-Atlantic region of the United States, known for its waterways and coastline on the Atlantic Ocean and the Chesapeake Bay.

English Liberty

The idea that English people were entitled to certain liberties, including trial by jury, habeas corpus, and the right to face one’s accuser in court. These rights meant that even the English king was subject to the rule of law.

Right to Jury Trial

A legal right guaranteed by the Constitution of many countries, including the United States, allowing a person accused of a crime to be tried by a jury of their peers rather than by a judge alone.