Heidi C. sells golf putters specifically designed for petite women. The company's accountant prepared the following income statement for the company's most recent quarter. Sales Revenue $525.000 Cost of Goods Sold $180,000 Variable Selling Expense 27,000 Variable General and Administrative Expenses 18.750 Total Variable Expenses 225.250 Contribution Margin 299,250 Fixed Selling Expenses 51,000 Fixed General and Administrative Expenses 26,000 Total Fixed Expenses 147.000 Net Income $152.250 What is the company's contribution margin ratio if each putter sells for $105? 28% 43% 2936 57% Almond Company's fixed costs are $2,880,000 and its variable costs are $3,760,000 in total and 55% of the $16 unit selling price. What is Almond's break-even point in units? 400,000 0.522.222 427,273 0 327,273 Recently, suppliers have raised costs so Urban Kicks spends more to make each pair of shoes. Despite these changes, management has managed to keep fixed costs and the selling price the same. What do these changes mean for Urban Kicks? Urban Kicks will need to increase the number of pairs of shoes sold to maintain their net income. Urban Kicks will be able to maintain their net income with a lower contribution margin ratio Urban Kicks will be able to maintain their net income with a lower level of sales. O Urban Kicks will need to decrease their net income to increase the number of paily of shoes they can sell