Il cricket LTE 11:05 AM 40% Quiz #4 11-04-2020.docx 1. Contribution margin is the amount remaining after: a. variable expenses have been deducted from sales revenue b. fixed expenses have been deducted from sales revenue c. fixed expenses have been deducted from variable expenses d. cost of goods sold has been deducted from sales revenues 2. The break-even in units sold will decrease if there is an increase in: a unit sales volume b. total fixed expenses c. unit variable expenses d. selling price 3. Spartan Systems reported total sales of $300,000, at a sales price of S20 and a per unit variable expenses of $12, for the sales of their single product. Total Per Una Sales 520 Varile pe TRO Centrs.com Find 100,000 Netogland What is the amount of contribution margin if sales volume increases by 30%? a. $19,500 b. $15,000 c. $156,000 d. $120,000 4. Last year Easton Corporation reported sales of $720,000, a contribution margin ratio of 30% and a net loss of $24,000. Based upon this information, the break- even point in sales dollars is: a. $640,000 b. $880,000 c. $744,000 d. $800,000