#11. A large Total sales revenue $200,000 Selling price per pair of boots $800 Variable selling expense per pair of boots $300 Variable Total fixed selling expense $30,000 Total fixed administrative expense Beginning merchandise inventory $30,000 Ending merchandise Inventory $40,000 Merchandise purchases $100,000 retailer of boots assembled the information shown below for the quarter ended June expense per pair of boots $20 $20,000 What was the contribution margin for each pair of boots sold during the quarter? a. $250 b. $320 c. $480 d. $120 e. $85 net loss of $30,000. Based on this information, the break-even point was: a. $875,000 b. $950,000 C$920,000 d. $560,000 e. None of the above #12. Last year Fault Corporation reported sales of $800,000, a contribution margin ratio of 25% and a soles ou, O00