Please provide detailed solution for 47 48 and 49

.del operating income divided by contribution margin ratio L02-Self-test-C 47, Th e Hamilton Company has provided the following income statement for 2008: Sales (24,000 units) Variable expenses Contribution margin Fixed expenses Net Income $440,000 275,000 165,000 98,000 67,000 Cm raho e company's contribution margin ratio (rounded) is: A) 37.5% 40,6% C. 59.4% D. 35.6% LO2-Self-test - A 48,Glaus Company's break-even point in sales is $690,000 and its variable expenses are 60% ofsales. If the company had a profit of $10,000 in 2008, its sales must have been: A. $762,000 B. $665,000 C. $700,000 o D $715,000 , 00690,000-414,00 F LO2 - Self-test-D 49. The wingo Company sells a single product for $21 per unit, if variable expenses are70% of sales l e-cau U and fixed costs are $4,200, the break-even point in dollars will be: $6,300 $14,000 $4,200 0 21 ( rui D. $6,000 LO2- Self-test-B 20021 (e larve Comoany wants to achieve a profit of $126,000. They currently sell 5,000 units at a pri +ntaLCRA In order to achieve