Charleston, South Carolina based The Mad Hatter manufactures a single line of hats. For the year just ended, Mad Hatter manufactured and sold a total of 30,000 hats, which resulted in the following amounts: Sales Revenue . . . $600,000 Variable Costs $360,000 Fixed Costs ... $175,000 QUESTION 1: Using the above data, what is The Mad Hatter's breakeven point in Charleston? 20,000 bats 5,834 hats 14.584 bits 30,000 bats 21,875 bints QUESTION 2: What was The Mad Hatter's total contribution margin for the year just ended? $125,00) $240.000 S65,000 $124.988 $360,000 QUESTION 3: The Mad Hatter is considering relocating its operations to Athens, Georgia in the upcoming year. If the company relocates to Athens, the sales price will not change; however, the variable cost per hat will decrease to $10 and the total fixed costs will increase by $50,000. If the company desires an annual target profit of $70,000, how many hats would need to be sold in Athens? 26,000 bnts 30,625 bats 30,000 bats 16,389 bats 29,500 bints