Sharon Company has variable costs of $80 per unit, total fixed costs of $200,000, and a break-even volume of 5,000 units. If the sales price per unit is increased by $10, how many units must Sharon Company sell to break-even? 4,000 units 5,000 units 6,000 units 3,000 units Financial ratios can be used to assess which of the following aspects of a firm's performance? liquidity Solvency Profitability All of these answers are correct. Bright Minds Toy Company prepared the following sales budget for the second quarter. Projected sales for each of the first three months of operations are as follows: Bright Minds expects to collect 70% of the sales on account in the month of sale, and 20% in the month following the sale, and the remainder in the second month following the sale. What is the amount of budgeted cash collections for June? $406, 900 $461, 900 $460,000 $424, 900 Steuben Company produces dog houses. During 2013, Steuben Company incurred the following costs: Bated on the above Information, the amount of period costs shown on Steuben's 12/31/2013 income statement is: $430,000 $150,000 $30,000 $180,000