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Jerusalem Industrial Company presents the following information for the year 2015: Sales in units 50,000 units; Selling price per unit $50; Variable cost per unit

Jerusalem Industrial Company presents the following information for the year 2015: Sales in units 50,000 units; Selling price per unit $50; Variable cost per unit $30; Total fixed cost $900,000.

Match between the question and the appropriate answer.

The margin of Safety in units

Answer 1

Contribution Margin ratio is

Answer 2

The margin of Safety ratio

Answer 3

Net income for the year 2015 is

Answer 4

The total Contribution Margin for the year is

Answer 5

How many units must be sold to break even?

Answer 6

The Contribution Margin per unit is

Answer 7

The break-even point in dollar is

Answer 8

What is the total sale in units to earn a profit of $600,000?

Answer 9

Compute a new break-even point in units if the the unit sales price is increased 10%

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