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ABC Company is a merchandising Company that sells a single product for $180 per unit. The following information was extracted from the company's records of

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ABC Company is a merchandising Company that sells a single product for $180 per unit. The following information was extracted from the company's records of the first quarter of 2020 showing its revenues and expenses: Mareh January $9,000 February $23,400 S18,000 Sales Revenue 4,000 10,400 2,100 8.000 1.800 Cost of Goods Sold Salaries and Commissions Expense Rent Expense 1.300 1,500 1,500 1,500 ogle.com/forms/d/e/1FAIpOLSIY9kkkkSdtoTLAZINc2V9124REAL Using the High-Low method on the expense classified as id, specify the following The unit variable cost element of the mixed expense is: O $0.14 per unit 0 $0.05 per unit O $1.50 per unit O $1.55 per unit O None of the above The fixed cost element of the mixed expense is: O $778 O $800 $823 O $844 None of the above L Assume that on April, the company sold 110 units; the Net Income of the month is: * O $7,450 O $7,540 $7,600 O $7,700 O None of the above if the Cost of Goods Sold amount in May was $10,000; the total variable expenses is: O $10,000 O $10,100 O $11,000 O $11,100 O None of the above O i The amount of total contribution margin the company should record per month in order to reach its break-even point is: $2,000 O $2,100 $2,300 O $2,600 None of the above Back Submit Page 5 of 3 Nermittatur le For

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