Carrabelle Company has provided the following information: Sales price per unit Variable cost per unit Fixed costs per month $52 16 $18,000 Calculate the contribution margin ratio. (Round your answer to two decimal places.) A. 76.47% B. 30.77% C. 69.23% OD. 52.94% Barrett, Inc. reports the following information for the year ended December 31: Beginning Finished Goods Inventory 60 units Units produced 400 units Units sold 460 units Sales price $160 per unit Direct materials $30 per unit Direct labor $12 per unit Variable manufacturing overhead $15 per unit Fixed manufacturing overhead $15,900 per year Variable selling and administrative costs $10 per unit Fixed selling and administrative costs $12,500 per year The beginning Finished Goods Inventory costs were $3,300 under absorption costing and $3,420 under variable costing. A. $4,780 B. $42,780 C. $45,200 D. $14,380 Saniya Corp. is preparing their budget for the second quarter and provides the following data: res als Ide Apr $20,000 May $24,000 Jun $21,000 rtn Budgeted purchases of direct materials Budgeted Cash Payments for Purchases of direct materials 60% of previous month purchases 40% of current month purchases Total cash payments Apr $6,000 8,000 $14,000 May $12,000 9,600 $21,600 Jun $14,400 8,400 $22,800 Assume that accounts payable pertains only to suppliers of direct materials inventory. Based on the above data, the amount of Accounts Payable that should be shown in the budgeted balance sheet as of June 30 is A. $14,400 B. $22,800 C. $12,600 D. $8,400