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Question 4 (2.5 points) International Imports is a merchandising Firm. Last year they reported sales of $674,500 and cost of goods sold of $404,700. The

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Question 4 (2.5 points) International Imports is a merchandising Firm. Last year they reported sales of $674,500 and cost of goods sold of $404,700. The company's total variable selling and administrative expense was $53,960, and fixed selling and administrative expense was $60,705. The total contribution margin for the firm is: $209,095 $215,840 $559,835 $613,795 Question 6 (2.5 points) Assume a sales volume of 6,000 units, unit selling price of $20, unit variable cost of $12, and total fixed costs of $28,000. What is the margin of safety in units? 3,500 2,500 6,000 8.000 Question 7 (2.5 points) Bonita Corporation produces only one product. Monthly data include: selling price per unit, $42; unit variable expenses. $14; total fixed expenses, $84,000; actual sales for the month of June, 5,000 units. What is the margin of safety? $1,000 $84,000 $42,000 $126,000 Question 9 (2.5 points) Froio Corporation produces and sells two products. Data concerning those products for the most recent month appear below: Product MOM Product Q201 Sales $11,000 $38,000 Variable expenses $2,420 $16.690 Fixed expenses for the entire company were $27,865. The break-even point for the entire company is closest to: $26.570 $43.557 $45,680 $22.430

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