26) Kelly Company produces flash drives for computers, which it sells for $20 each. Each flash drive costs $15 of variable costs to make. How much is the contribution margin ratio? a. 20% b. 25 % c. 75% d. 80% 27) Harvey, Inc. sells a product with a contribution margin of $12 per unit, fixed costs of $150,000, and sales for the current year of $200,000. How much is Harvey's break-even point in units? 4,167 units a. b. 9,200 units c. 12,500 units d. 20,000 units 28) Newman Company sells MP3 players for $60 each. Variable costs are $40 per unit, and fixed costs total $90,000. What sales are needed by Newman to break even? $120,000. b. $225,000. a. $270,000. d. $360,000. C. 29) A company desires to sell a sufficient quantity of products to earn a profit of $300,000. If the unit sales price is $20, unit variable cost is $12, and total fixed costs are $500,000, how many units must be sold to earn net income of $300,000? a. 40,000 units b. 62,500 units c. 66,666 units d. 100,000 units 30) Danny's Lawn Equipment has actual sales of $800,000 and a break-even point of $520,000. How much is its margin of safety ratio? a. 35% b. 46% c. 54% d. 65%