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D Question 21 Crockett, Inc.. sells a single product. The company's most recent income statement is given below. Sales Less variable expenses $100,000 (60.000)

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D Question 21 Crockett, Inc.. sells a single product. The company's most recent income statement is given below. Sales Less variable expenses $100,000 (60.000) Contribution margin 40,000 Less fixed expenses (12.500) Net income $27,500 a) Contribution margin ratio is % b) Breakeven point in total sales dollars is $ c) To achieve $50,000 in net income, sales must total $ d) If sales increase by $60,000, net income will increase by $ You must show work for credit. Im

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