Question 1.1. Given the following information, what is the missing unit variable cost?

Unit Variable Costs	Unit Selling Price	Contribution margin per Unit	Contribution Margin ratio
$195	$300	$105	35%
$450	$600	$150	25%
?	$1600	$480	30%

(Points : 2)

$900 $1120 $1250 $1325

Question 2.2. What is the term used for the amount by which actual or expected sales exceeds break-even sales? (Points : 2)

contribution margin. unanticipated profit. margin of safety. target net income.

Question 3.3. What is a fixed cost? (Points : 2)

A cost that remains constant in total with changes in the level of activity A cost that remains constant per unit with changes in the level of activity A cost that varies inversely in total with changes in the level of activity A cost that varies in total with changes in the level of activity

Question 4.4. If a company had a contribution margin of $750,000 and a contribution margin ratio of 40%, total variable costs must have been (Points : 2)

$300,000. $450,000. $1,125,000. $1,875,000.

Question 5.5. A Company had actual sales of $900,000 when break-even sales were $600,000. What is the margin of safety ratio? (Points : 2)

33.33% 50% 66.67% 75%