Questions $1$ to $4$

Zales Jewelry sells a single product. $700$ units were sold resulting in $$7,000$ of sales revenue,

$$2,800$ of variable costs, and $$1,200$ of fixed costs.

Contribution margin per unit is:

A$)$ $$4\mathrm{.}00$

B$)$ $$4\mathrm{.}29$

C$)$ $$6\mathrm{.}00$

D$)$ None of these answers are correct.

If sales increase by $$25,000,$ operating income will increase by:

A$)$ $$10,000$

B$)$ $$15,000$

C$)$ $$22,200$

D$)$ None of these answers are correct.

Breakeven point in units is:

$\frac{?}{\text{b}\text{a}\text{r}}(A)200$ units

B$)300$ units

C$)500$ units

D$)$ None of these answers are correct.

The number of units that must be sold to achieve $$6,000$ of operating income is:

A$)1,000$ units

B$)1,166$ units

C$)1,200$ units

D$)$ None of these answers are correct.