Sales are $400000 and variable costs are $240000. What is the contribution margin ratio? Cannot be determined because amounts are not expressed per unit. O 40% 60% 67% View Policies Current Attempt in Progress A company desires to sell a sufficient quantity of products to earn a profit of $320000. If the unit sales price is $32 unit variable cost is $12, and total fixed costs are $800000, how many units must be sold to earn net income of $320000? 50000 units O 41000 units 88000 units 56000 units Current Attempt in Progress Brambile Corp. produces only one product. Monthly foxed expenses are $14000 monthly unit sales are 4000, and the unit contribution margin is $10. How much is monthly net income? O $26000 $54000 $40000 Current Attempt in Progress Crane Company's high and low level of activity last year was 70000 units of product produced in May and 24000 units produced in November. Machine maintenance costs were $167000 in May and $65800 in November. Using the high-low method, determine an estimate of total maintenance cost for a month in which production is expected to be 54000 units. O $154000 O $128550 O $131800 O $146150 View Policies Current Attempt in Progress Swifty Corporation reported the following information for the current year:Sales (41000 units) $820000, direct materials and direct labor 5410000, other variable costs $41000, and foxed costs $360000. What is Swifty's contribution margin ratio? 28% OSS 72x 45% Current Attempt in Progress Portman Company's activity for the first three months of 2016 are as follows: Machine Hours Electrical Cost January 1600 $4500 February 2100 $5300 March 2400 $5700 Using the high-low method, how much is the cost per machine hour? $1.97 O $3.56 O $1.50 O $2.65 View Policies Current Attempt in Progress Swifty Corporation produces flash drives for computers, which it sells for $15 each. Each flash drive costs $9 of variable costs to make. During April 1000 drives were sold. Fixed costs for April were $1000. How much is the contribution margin ratio? 45% 40% 07396 O 27% View Policies Current Attempt in Progress A company sells a product which has a unit sales price of $5, unit variable cost of $3 and total fixed costs of $340000. The number of units the company must sell to break even is 170000 units. O 68000 units. O 680000 units. 113333 units