Knox Corp has a selling price of $26, variable costs of $17.94 per unit, and fixed costs of $24,000. If Knox sells 8,500 units, the contribution margin ratio will equal a $68,510 b 31% c 13.731667% d 17.268333%

Virgil Corp has a selling price of $37 per unit, and variable costs of $29 per unit. When 15,000 units are sold, profits equaled $48,000. How many units must be sold to break-even? a 9,000 b 15,000 c 3,243 d 6,000

Last month Dexter Company had a $28,050 loss on sales of $212,000. Fixed costs are $98,010 a month. How much do sales have to increase for Dexter to break even? a $69,960 b $98,010 c $126,060 d $85,000