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Coco Chips Company produces a single product that sells for $100 per unit. Fixed expenses total $12,000 per month, and variable expenses are $60 per

Coco Chips Company produces a single product that sells for $100 per unit. Fixed expenses total $12,000 per month, and variable expenses are $60 per unit. The company sold 500 units during the month. Which of the following statements is correct?

A. The companys break-even point is $12,000 per month.

B. The companys contribution margin ratio is 60%. C. The companys safety margin is $20,000. D. The companys profit is $10,000.

E. The companys operating leverage factor is 2.

please solve each of them

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