Question 2: A company has total fixed costs of $160000 and a contribution margin ratio of 25%. The total sales necessary to break even are

A- $640000.

B- $160000.

C- $480000.

D- $200000.

Question 3- The following monthly data are available for Concord Corporation. which produces only one product: Selling price per unit, $54; Unit variable expenses, $14; Total fixed expenses, $42000; Actual sales for the month of June, 4000 units. How much is the margin of safety for the company for June?

A-$159300

B-$1050

C-$84000

D-$42000

Question 9: If a company had a contribution margin of $2700000 and a contribution margin ratio of 40%, total variable costs must have been

$1620000.

$1080000.

$4050000.

$6750000.

Question 11: Waterways CVP income statement included sales of 4500 units, a selling price of $100, variable expenses of $60 per unit, and fixed expenses of $110000. Net income is

$180000.

$160000.

$70000.

$450000.