7) Flannigan Company manufactures and sells a single product that sells for $450 variable costs are $300, Annual fixed costs are $870,000. Current sales volume is $4,200,000. Compute the contribution A. 50.0% er unit 37) argin ratio. C. 20.7%. B. 66.7%. 8) A company has fixed costs of $320,000 and a contribution margin per unit of $15. If D. 19.3%. E. 33.3%. the firm wants to earn a target $40,000 pretax income, how many units must be sold (rounded to the nearest whole unit)? 38) A. 21,333. B. 20,000. C. 2,667 E. 18,666. D. 24,000. 9) Use the following information to determine the break-even point in units (rounded to the 39) whole unit): Unit sales 50,000 Units $14.50 Unit selling price $7.50 Unit variable cost $186,000 Fixed costs E. 46,667 D. 8,455 C. 26,571 B. 12,828 A. 24,800 40 0) The difference between sales price per unit and variable cost per unit is the: A. Fixed cost per unit. B. Margin of safety per unit. C. Gross profit from sales. D. Gross margin per unit. E.Contribution margin per unit. A 24 CAP M