QUESTION 2

Spice Company has a product which sells for $190 and has a unit contribution margin of $60. It has fixed costs of $20/unit at the current production volume. Spice Company's contribution margin ratio is

		42%.
		32%.
		11%.
		21%.

QUESTION 4

Contessa Corporation has fixed expenses of $200,000, and a unit sales price of $75. Its variable cost per unit is $60. If it sells 33,800 posters, its operating income is a

		gain of $1,828,000.
		gain of $307,000.
		gain of $4,363,000.
		gain of $707,000.

QUESTION 7

Smarty Pants Company sells two products, green camouflage pants and orange camouflage pants. Smarty Pants predicts that it will sell 1300 pairs of green pants and 1200 pairs of orange pants in the next period. The unit contribution margins for green pants and orange pants are $7.75 and $9.00, respectively. What is the weighted average unit contribution margin?

		$208.75
		$8.35
		$1.35
		$6.68

10 points

QUESTION 8

If the selling price per unit is $70, the variable expense per unit is $50, and total fixed expenses are $261,000, what are the breakeven sales in dollars?

		$150,000
		$3728.57143
		$900,000
		$75,690