8. Maxfield Company has fixed costs of $300,000 and variable costs are 60% of sales. How much will Maxfield Company report as sales when its net income equals $30,000? A) $825,000 B) $550,000 C) $780,000 D) $198,000 9. Small Tots Toys has actual sales of $400,000 and a break-even point of $280,000. How much is its margin of safety ratio? A) 30% B) 70% C) 143% D) 43% 10. Fletcher, Inc. produces hair brushes. The selling price is $20 per unit and the variable costs are $8 per brush. Fixed costs per month are $4,800. If Fletcher sells 20 more units beyond breakeven, how much does profit increase as a result? A) $240 B) $400 C) $160 D) $800