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. Question 20 2 pts A company has a unit contribution margin of $120 and a contribution margin ratio of 40%. What is the
. Question 20 2 pts A company has a unit contribution margin of $120 and a contribution margin ratio of 40%. What is the unit selling price? O $300 O Cannot be determined. $48 O $200 . Question 21 2 pts A company sells a product which has a unit sales price of $5, unit variable cost of $3 and total fixed costs of $240,000. The number of units the company must sell to break even is O 80,000 units. O 480,000 units. O 48,000 units O 120,000 units. . Question 22 2 pts Cunningham, Inc. sells MP3 players for $60 each. Variable costs are $40 per unit, and fixed costs total $120,000. What sales are needed by Cunningham to break even? O $300,000. O $360,000. O $480,000. O $160,000. Question 23 2 pts April Industries sells a product with a contribution margin of $12 per unit, fixed costs of $223,200, and sales for the current year of $300,000. How much is April's break-even point? 13,800 units O $76,800 O 6,400 units 18,600 units Question 24 2 pts Reliable Manufacturing wants to sell a sufficient quantity of products to earn a profit of $100,000. If the unit sales price is $10, unit variable cost is $8, and total fixed costs are $200,000, how many units must be sold to earn income of $100,000? 37,500 units 1,500,000 units 150,000 units O100,000 units
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