Contribution Margin Review the contribution margin income statements for Cover-to-Cover Company and Biblio Files Company on their respective Income Statements. Complete the following table from the data provided on the income statements. Each company sold 76,800 units during the year. Cover-to-Cover Company Biblio Files Company Contribution margin ratio (percent) % % Unit contribution margin Break-even sales (units) Break-even sales (dollars) $ Feedback Check My Work Review the definitions of contribution margin ratio and unit contribution margin. Also review the formulas for break-even in terms of units sold and sales dollars. Mastery Problem: Cost-Volume-Profit Analysis Cost Behavior Cover-to-Cover Company a manufacturer of shelving for books. The company has compiled the following cost data, and wants your help in determining the cost behavior. After reviewing the data, complete requirements (1) and (2) that follow. Total Lumber Cost Total Utilities Units Total Machine Depreciation Cost Produced Cost 8,000 shelves $96,000 $11,200 $130,000 16,000 shelves 192,000 20,400 130,000 38,800 130,000 32,000 shelves 384,000 40,000 shelves 480,000 48,000 130,000 Mastery Problem: Cost-Volume-Profit Analysis Cost Behavior Cover to cover Company is a manufacturer of shelving for books. The company has compiled the following cost data, and wants your help in determining the countering the data complet Total Total Total Machine Units Lumber Utilities Depreciation Produced Cost Cost Cost 3,000 shelves $96,000 $11,200 $130,000 16,000 shelves 192,000 20,400 130.000 32,000 shelves 384,000 38,800 130.000 40,000 shelves 480,000 48,000 130.000 1. Determine whether the costs in the table are variable throne of the Lumber Variable Cost Contribution Margin Review the contribution margin income statements for Cover-to-Cover Company and allo File Company in their respective Income Statements Complete the 76,800 units during the year Cover to-Cover Biblio Files Company Company Contribution margin ratio percent) Lot ontbuitirin Break-even sales (units) Break even sales (dollars) FB Cost Behavior Coverto con cum mature of thing for the company has come the following cost date, and wants youth indefining the carried Total Total Total Machine UNEN Lumber Uutis Depreciation Produced Cost COM Cost 8.000 elves $95.000 10.060 Ah 192.000 32.000 cheve 0-4.000 $11.200 20,400 $130,000 130.000 130,000 35,800 45,000 40,000 shelves 430.000 130,000 mln with the ons in the table Mixedmixed or one of these