Goldfarb Company manufactures and sells toasters. Each toaster sells for $22.75 and the variable cost per unit is $15.80. Goldfarb's total fixed costs are $24,000, and budgeted sales are 7,000 units. What is the contribution margin per unit? Multiple Choice $6.95. $15.80. $22.75. $48,650. $1.16. Use the following information to determine the break-even point in units: Unit sales Unit selling price Unit variable cost Fixed costs 46,000 Units $ 15.20 $ 8.90 $ 182,000 Multiple Choice 11,974 28,889 7,552 32,562 20,449 Morse Company reports total contribution margin of $82,010 and income of $13,900 for the current month. The degree of operating leverage is: Multiple Choice 5.9 0.17 1.17 2.3 233.9% Wang Company manufactures and sells a single product that sells for $630 per unit; variable costs are $378 per unit. Annual fixed costs are $872,000. Current sales volume is $4,380,000. Compute the contribution margin ratio. Multiple Choice 40.0%. 66.7%. 19.8%. 50.0%. 20.2%. If a firm's expected sales are $244,000 and its break-even sales are $187,000, the margin of safety in dollars is: Multiple Choice $57,000. $244,000. $187,000. $431,000. $23,700. Wang Company manufactures and sells a single product that sells for $580 per unit; variable costs are $319 per unit. Annual fixed costs are $958,500. Current sales volume is $4,330,000. Compute the contribution margin per unit. Multiple Choice $580. $319. $388. $379. $261