Jennifer Davis owns and operates Pharoah, a bakery that creates personalized birthday cakes for a child's first birthday. The cakes, which sell for $48 and feature an edible picture of the child, are shipped throughout the country. A typical month's results are as follows: : Sales revenue $ 678,720 509,040 Variable expenses Contribution margin 169,680 Fixed expenses 93,000 Operating income $ 76,680 (a) Your answer is correct. What is Pharoah's contribution margin per unit? ? 12 per cake Contribution margin per unit e Textbook and Media Attempts: 1 of 3 used (b) Your answer is correct. What is Pharoah's monthly breakeven point in units? 7750 cakes Breakeven point e Textbook and Media Attempts: 1 of 3 used (c) Your Answer Correct Answer Your answer is correct. What is Pharoah's contribution margin ratio? 25 % Contribution margin ratio e Textbook and Media e Solution Attempts: 3 of 3 used (d) X Your answer is incorrect. * What is Pharoah's monthly breakeven point in sales dollars? 23250 Breakeven sales e Textbook and Media Save for Later Attempts: 1 of 3 used Submit