Please assist with these Financial Management questions

1)

Which of the following is true regarding calculating financial statement ratios? In comparing financial statement ratios, using an industry different from the company you are comparing will help you understand where your company is missing the mark O Financial statement ratios do not need to be compared to a prior period, industry average, or competitor in order to provide an accurate analysis Financial statement ratios must be compared to a prior period, industry average, or competitor in order to provide an accurate analysis. O In comparing financial statement ratios, using an industry different from the company you are comparing will provide more accurate results.The following information relates to a company, which produces a single product. Using the data in the table, what is the contribution margin per unit for this product? Direct labour per unit E20 Direct aterials per unit Direct materials per unit E12 Variable overheads per unit E 6 Variable overheads per unit E6 Fixed costs E 400,000 Fixed costs E 400,000 Selling price per unit E46 Selling price per unit E46 O E8 Of8 O E38 Of18 O E32The following information relates to a company, which produces a single product. Using the data in the table, calculate the break-even point in units. Direct labour per unit E20 Direct materials per unit E12 Variable overheads per unit E 6 Fixed costs E 400,000 Selling price per unit E46 O 10 526 O 22 222 O 12 500 O 50 000Which of the following costs is not included while computing unit product cost under variable costing? Direct labour per unit E20 Direct materials per unit E12 Variable overheads per unit E 6 Fixed costs E 400,000 Selling price per unit E36 O Direct materials cost O Fixed manufacturing overhead cost O Direct labour cost O Variable manufacturing overhead costVariable costing is also known as: O Direct/marginal costing O Activity based costing O Absorption costing O Normal costingA company manufactures 1,000 units of product M per year. The cost data is given below: Direct materials: $5 per unit Direct labour: $4 per unit Variable manufacturing overhead: $3 per unit Fixed manufacturing overhead: $8,000 per year Based on the above information, the variable cost to manufacture one unit of product M is: Of9 Of18 Of12 Of15Avariable costing income statement is helpful in performing cost. volume, and prot {CVP} analysis. It is therefore also known as: C) Gross margin income statement 0 Financial statement 0 Absorption costing income statement 0 Contribution margin income statement Under absorption costing, the unit product cost includes: O Direct materials, direct labour, and variable overhead O Direct materials and direct labour O Direct materials, direct labour, variable overhead, and fixed overhead O Direct materials, direct labour, and fixed overheadIf sales revenue is $40,000, fixed cost is $5,000, and net operating income is f10,000, what is the contribution margin? Of10 000 O E5 000 O E20 000 Of15 000