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I need assistance with number 8. Western Company sells 20,000 units at $20 per unit. Variable costs are $16 per unit, and fixed costs are

I need assistance with number 8.

Western Company sells 20,000 units at $20 per unit. Variable costs are $16 per unit, and fixed costs are $30,000.

6. What is the contribution margin ratio of Western Company? (1 point)

A. 20% B. 25% C. 15% D. 18%

7. What is the unit contribution margin of Western Company? (1 point)

A. $5 B. $4 C. $3 D. $2

8. What is the profit of Western Company? (1 point)

A. loss of $20,000 B. gain of $50,000 C. gain of $38,000 D. gain of $8,000

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