For Sheridan Company, sales is $340000, variable expenses are $153000, and fixed expenses are $140000. Sheridans contribution margin ratio is

14%.

41%.

55%.

45%.

For Sunland Company, sales is $500000, fixed expenses are $195000, and the contribution margin per unit is $60. What is the break-even point?

$325000 sales dollars

$83333 sales dollars

8333 units

In 2016, Vaughn Manufacturing sold 4400 units at $600 each. Variable expenses were $420 per unit, and fixed expenses were $240000. What was Vaughns 2016 net income?

$552000.

$2640000.

$792000.

$1848000.

In 2016, Concord Corporation sold 5200 units at $600 each. Variable expenses were $420 per unit, and fixed expenses were $150000. The same selling price, variable expenses, and fixed expenses are expected for 2017. What is Concords break-even point in sales dollars for 2017?

$3120000.

$3620000.

$4457143.

$500000.

In 2016, Sheridan Company sold 3000 units at $600 each. Variable expenses were $330 per unit, and fixed expenses were $270000. The same selling price, variable expenses, and fixed expenses are expected for 2017. What is Sheridans break-even point in units for 2017?

1000.

450.

500.

818.

3250