Jerusalem Industrial Company presents the following information for the year 2015: Sales in units 15,000 units; Selling price per unit $10; Variable cost per unit $7; Total fixed cost $30,000.

Match between the question and the appropriate answer.

The total Contribution Margin for the year is

Answer 1 Choose... The break-even point in dollar is

Answer 2 Choose... The margin of Safety in units

Answer 3 Choose... Compute a new break-even point in units if the fixed cost is decreased by 5%.

Answer 4 Choose... Contribution Margin ratio is

Answer 5 Choose... Net income for the year 2015 is

Answer 6 Choose... How many units must be sold to break even?

Answer 7 Choose... The margin of Safety ratio

Answer 8 Choose... The Contribution Margin per unit is

Answer 9 Choose... What is the total sale in units to earn a profit of $120,000?

Answer 10 Choose...