Assistance needed with #16 & #17

_C____ 14. Lester Company has a single product. The selling price is $50 and the variable cost is $30 per

unit. The companys fixed expense is $200,000 per month. What is the companys unit contribution

margin?

(a) $50

(b) $30

(c) $20

(d) $80

$50-$30 = $20.00

(B)15. Refer to the data for Lester Company in question 16 above. What is the companys

contribution margin ratio?

(a) 60%

(b) 40%

(c) 167%

(d) 20%

$20/$50 = 40%

_____ 16. Refer to the data for Lester Company in question 16 above. What is the companys breakeven

in sales dollars?

(a) $500,000

(b) $33,333

(c) $200,000

(d) $400,000

_____ 16. Refer to the data for Lester Company in question 16 above. What is the companys breakeven

in sales dollars?

(a) $500,000

(b) $33,333

(c) $200,000

(d) $400,000