If fixed costs are $1,328,000, the unit selling price is $230, and the unit variable costs are $109, the amount of sales (units) required to realize an operating income of $240,000 is a. 2,202 units b. 5,774 units c. 12,959 units d. 12,183 units If sales are $816,000, variable costs are 64% of sales, and operating income is $222,000, what is the contribution margin ratio? a. 60% b. 40% c. 64% d. 36% A firm operated at 80% of capacity for the past year, during which fixed costs were $198,000, variable costs were 65% of sales, and sales were $1,009,000. Operating profit was a. $353,150 b. $155,150 c. $124,120 d. $655,850 The manufacturing costs of Calico Industries for three months of the year are provided below: Using the high-low method, the variable cost per unit and the total fixed costs are a. $3.96 per unit and $5,297 b. $2.20 per unit and $5,297 c. $0.40 per unit and $26,484 d. $0.22 per unit and $52,968 If sales are $311,000, variable costs are 75% of sales, and operating income is $43,300, the operating leverage is a. 5.4 b. 1.8 c. 1.3 d. 0.0 a. $1.53 b. $1.03 C. $0.15 d. $1.07