6. Sarks Company has a contribution margin of $120,000 and a contribution margin ratio of 40%. How much are total variable costs? a. $120,000 c. $300,000 b. $350,000 d) $180,000 7. Organizer Company has fixed costs of $200,000 and variable costs are 60% of sales. How much will Organizer Company report as sales when its net income equals $40,000? a. $550,000 b. $366,667 C, $400,000 -OV000 d. $600,000 49,00 20 good 8. Pascal, Inc. is planning to sell 800,000 units for $1.50 per unit. The contribution margin ratio is 20%. If Pascal will break even at this level of sales, what are the fixed costs? a. $240,000 1209.000 b. $560,000 c. $800,000 d. $960,000 9. Hollis Industries produces flash drives for computers, which it sells for $20 each. Each flash drive costs $12 of variable costs to make. During April, 1,000 drives were sold. Fixed costs for March were $2 per unit for a total of $1,000 for the month. How much is the contribution margin ratio? a. 30% b. 40% c. 60% d. 70%