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On a Contribution Margin income statement, Sales Revenue - Variable Costs = Contribution Margin - Fixed Costs = ?? O Gross Profit O Net Income

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On a Contribution Margin income statement, Sales Revenue - Variable Costs = Contribution Margin - Fixed Costs = ?? O Gross Profit O Net Income O Gross Margin Operating Income Fydro Flask makes high-end water bottles for the VSCO market. The following information pertains to Fydro's production when 16,500 units are produced and sold. Sales Price per Unit $19.00 Direct Labor per Unit $5.75 Direct Materials per Unit $3.50 Fixed Cost per Unit $6.50 Total Fixed Overhead $17.000 What is Fydro's contribution margin ratio? Round to the nearest percent. O 49% O 51% O 17% O 70% The following information pertains to Yoozy's production of sneakers: Monthly Fixed Costs $75,600 Sales Price per Unit $60 Variable Cost per Unit $18 Monthly Target Profit $100,000 What is the monthly breakeven sales revenue? 108,000 252,000 75,600 100,000

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