1. A recent income statement of Bantom Corporation reported the following data: Sales revenue $ 8,358,000 Variable costs 4,998,000 Fixed costs 3,130,000 If these data are based on the sale of 21,000 units, the contribution margin per unit would be:

Multiple Choice

$50. $160. $300. $370.

2.

Bloomfield Stores reported sales revenues of $720,000, a total contribution margin of $200,000, and fixed costs of $325,000. If sales volume amounted to 10,000 units, the company's variable cost per unit must have been:

Multiple Choice

• $14.

• $34.

• $52.

• $94.

• None of the answers is correct.