1)Bryce Co. sales are $898,000, variable costs are $467,100, and operating income is $300,000. What is the contribution margin ratio?

a.43.7%

b.52.0%

c.48.0%

d.57.2%

2)

If fixed costs are $270,000, the unit selling price is $71, and the unit variable costs are $53, what are the old and new break-even sales (units) if the unit selling price increases by $7?

a.15,000 units and 3,803 units

b.15,000 units and 10,800 units

c.3,803 units and 15,000 units

d.5,094 units and 10,300 units