Madison Company produces a single product which sells for $80 per unit. Fixed expenses total $18,000 per month, and variable expenses are $44 per unit. During the current month, sales, in units, totaled 700 units. Using the information above, match each of the items listed below with the appropriate amount.

1.Contribution margin per unit.

2.Contribution margin ratio

3.Break-even point in units.

4.Break-even point in dollars.

5.Total contribution margin at the break-even point.

6.Net income during the current month.

7.Margin of safety during the current month.

8.Margin of safety rate during the current month.

9.Operating leverage during the current month.

10.Sales, in units, needed for a target profit of $9,000

11.Sales, in dollars, needed for a target profit of $8,100.

12.If sales next month increase by 100%, what will be the net income?

A. 45%

B. 750 units

C. 500 units

D. $36

E. 3.5

F. $32,400

G. 28.6%

H. $18,000

I. $58,000

J. $7,200

K.$16,000

L. $40,000