QUESTION 27 Menlove Company had the following income statement for the most recent year: Sales (17,000 units) $327,000 Less: Variable expenses(225,000) Contribution Margin 102,000 Less: Fixed expenses (68,000) Net Income $34,000 Given this data, the unit contribution margin was: $2 $4 $6 $15 QUESTION 28 The master budget process usually begins with the: O production budget. operating budget. sales budget. cash budget