ICLO-31 Answer the following questions using the information below Northern Star sells several products Information of average revenue and costs is as follows Selling price per unit S2000 Variable costs per unit: Direct material $400 Direct manufacturing labor $1.60 Manufacturing overhead 50.40 Selling costs $2.00 Annual foxed costs $96.000 The company sells 12 000 units at the end of the year 1 direct labor and direct material costs increase by $1 each contribution margin increases by 514 000 decreases by $16000 increases by $20,000 decreases by $14,000 increases by $16.000 decreases by $24,000 decreases by $18.000 decreases b $20.000 QUESTION 16 ICLO-3) Arthur Corporation has a margin of safety percentage of 25 based on its actual sales. The break-even point is $300.000 and the variable expenses are 45% of sales. Given this information the actual profit is $26.500 $22.000 575.000 534.800 595.000 315.000 $42.000 541.30