QUESTION 7 Richey Company provides home health care. Richey charges $35/hour for professional care. Variable costs are $14/hour and fixed costs are $78,000. Next year, Richey expects to charge out 12,000 hours of home health care. What is the break-even point in sales dollars? $130,000 $195,000 $252,000 $420,000 $342,000 QUESTION 8 Richey Company provides home health care. Richey charges $35/hour for professional care. Variable costs are $14/hour and fixed costs are $78,000. Next year, Richey expects to charge out 12,000 hours of home health care. What is the contribution margin ratio? 67% 60% 40% 33% 50%