2,0008,000 15,000 12,000 tising the high ow methot, the cot formula for maintenance would be 51.2S per unit e. 33,000 phus $1.50 per unis d 56,000 plos 5o.75 per unis where variable costs equal fixed costs where total revenue exactly equals total costs a. b. e. where sales revenue equals fixed costs which falls within the relrvant rangs The following is Addison Corporation's contribution format income statement for last month Sales Less variable expenses Contribution margin Less fixed expenses Net income $1,000,000 200.000 300,000 180.000 120,000 The company has no beginning or ending inventories. A total of 20,000 were produced and sold last month. What is the company's contribution margin ratio? 250% a. b. . d. 150% 70% 30% The contribution margin ratio is 30% for the Honeyville Company and the break-even 23 point in sales is $150,000. If the company's target net operating income is $60,000, fixed costs would have to be: a. $20,000 b. $45,000 c. $25,000 d. $21,000 A product sells for $20 per unit, and has a contribution margin ratio of 40%. Fixed expenses total $120,000 annually. How many units must be sold to yield a profit of $30,000. 24 a. 18,750 b. 20,000 c. 25,000 d. 12,500