4/ During its most recent fiscal year, Raphael Enterprises sold 240,000 electric screwdrivers at a price of $16.20 each. Fixed costs amounted to $576,000 and pretax income was $816,000. What amount should have been reported as variable costs in the company's contribution margin income statement for the year in question?

Multiple Choice

$1,920,000.

$3,072,000.

$1,392,000.

$3,888,000.

$2,496,000.

5/ During a recent fiscal year, Creek Company reported pretax income of $120,000, a contribution margin ratio of 20% and total contribution margin of $350,000. Total variable costs must have been:

Multiple Choice

$1,150,000.

$1,400,000.

$600,000.

$1,750,000.

$2,350,000

6/ Watson Company has monthly fixed costs of $81,000 and a 40% contribution margin ratio. If the company has set a target monthly income of $14,800, what dollar amount of sales must be made to produce the target income?

Multiple Choice

$239,500

$95,800

$202,500

$37,000

$165,500