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5. What is NOT a way to express the CM Ratio? A) Contribution Margin / Sales B) Unit Contribution Margin / Selling Price C) (Variable

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5. What is NOT a way to express the CM Ratio? A) Contribution Margin / Sales B) Unit Contribution Margin / Selling Price C) (Variable Costs - Fixed Costs) / Sales D) (Sales - Variable Costs) / Sales 6. The break-even in sales dollars will increase if there is an increase in: A) Total Fixed Expenses B) Total Sales (price is constant) C) Quantity Produced D) Total Variable Costs (VC/unit is constant) 7. At a break-even point of 400 units sold, W.H. Corporation's variable expenses are $8,000 and its fixed expenses are $8,000. What will the Corporation's net operating income be at a volume of 423 units? A) $0 B) $230 C) $460 D) $690

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