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1. When calculating contribution margin, all of the items below are needed except a. Sales Price and Sales in units b. Variable product expenses c.

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1. When calculating contribution margin, all of the items below are needed except a. Sales Price and Sales in units b. Variable product expenses c. Variable period expense d. Gross Profit 12. If all other items stay the same, but sales price drops - which of the following is true? a. The breakeven point in units and revenue will go down b. Contribution margin will stay the same but NOI will go down c. Both contribution margin and NOI will go down d. NOI will go up, but contribution margin will stay the same 13. Mad Dog Fence Company sets their price p/fence @\$700. They have fixed supervisor salary and equipment costs of $42,000, and variable costs of $300p/ fence to cover wood and gate hardware. How many fences do they have to sell to breakeven? a. 105 b. 140 c. 60 d. 400

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