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iddhi Kardiya: Attempt 1 Question 7 (10 points) A product sells for $20 per unit, and has a contribution margin ratio of 40%. Fixed expenses
iddhi Kardiya: Attempt 1 Question 7 (10 points) A product sells for $20 per unit, and has a contribution margin ratio of 40%. Fixed expenses total $120.000 annually. How many units must be sold to yield a profit of $30,000? A) 20,000 units B) 12,500 units C) 18.750 units DI 25.000 unit Question 8 (10 points) A total of 20000 unts were sold last your The U Riod kamolya: Attempt 1 Question 9 (10 points) The following is last month's contribution format income statement: Sales (12,000 units) Less variable expenses contribution margin Les fixed expenses Net income 31.200.000 700.000 500.000 200.000 What is the company's margin of safety percentage? A) 20% B) 42 C) 40 D) 17
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