Compute the contribution margin ratio and fixed costs using the following data. $5,000 Variable costs $3,000 Income $400 Viva sells its waterproof phone case for $90 per unit. Fixed costs total $162,000, and variable costs are $36 per unit. Viva sells its waterproof phone case for $90 per unit. Fixed costs total $162,000, and variable costs are $36 per unit. Zulu sells its waterproof phone case for $90 per unit. Fixed costs total $200,000, and variable costs are $40 per unit. Compute the units that must be sold to get a target income of $216,000. Zhao Company has fixed costs of $354,000. Its single product sells for $175 per unit, and variable costs are $116 per unit. If the company expects sales of 10,000 units, compute its margin of safety (a) in dollars and (b) as a percent of expected sales. Required information [The following information applies to the questions displayed below.] Vintage Company reports the following information. Compute its product cost per unit under absorption costing. Required information [The following information applies to the questions displayed below.] Vintage Company reports the following information. Compute its product cost per unit under variable costing. Aces Incorporated, a manufacturer of tennis rackets, began operations this year. The company produced 6,000 rackets and sold 4,900 . Each racket was sold at a price of $90. Fixed overhead costs are $78,000 for the year, and fixed selling and administrative costs are $65,200 for the year. The company also reports the following per unit variable costs for the year: Required: Prepare an income statement under absorption costing. Our team is hired by Apple to help assess whether or not to continue to manufacture and sell an older model of the iPhone. Apple explains that this model continues to sell well in foreign markets, but it worries that fixed costs are so large that it is difficult to earn a profit. The Tableau Dashboard is provided to aid our analysis of this model. Total Fixed Costs \begin{tabular}{|l|l|l|} \hline Rent & & \\ Office salaries & \begin{tabular}{c} Equipment \\ depreciation \end{tabular} \\ Supervisor salaries & \\ \hline \end{tabular} Variable Costs Per Unit Sales Price Per Unit