QUESTION 4 A firm sells two products, Regular and Ultra, For every unit of Regular sold, two units of Ultra are sold. The firm's total fixed costs are $1,802,000. Selling prices and cost information for both products follow. The contribution margin per composite unit is. Product Unit Sales Price Variable Cost Per Unit Regular $ 39 S 15 Ultra 42 15 $69 $51. O $27 $24 $78 QUESTION 5 A manufacturer reports the following information below for its first three years in operation. Year 1 Year 2 Year 3 Income under variable costing $ 82,000 115.000 121,000 Beginning inventory (units) 860 530 Ending inventory (units) 860 530 0 Fixed manufacturing overhead per unit S 7.00 S 7.00 S 7.00 Income for year 3 using absorption costing is: $115,000 O $112 690 $117.290 $122 420 $121,000. QUESTION 6 At Midland Company's break-even point of 9800 units, fixed costs are $274,400 and variable costs are $666,400 in total. The unit sales price is. O $28 O $124 $68. O $40. $96. QUESTION 7 During March, a firm expects its total sales to be $163,000, its total variable costs to be $95,300, and its total fixed costs to be $25,300. The contribution margin for March is: $42,400. $120,600. $95,300 $25,300 O $67.700