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Sheffield Corp. had actual sales of $900000 when break-even sales were $540000. What is the margin of safety ratio? 40% 67% 33% 60% Sales are

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Sheffield Corp. had actual sales of $900000 when break-even sales were $540000. What is the margin of safety ratio? 40% 67% 33% 60% Sales are $500000 and variable costs are $280000. What is the contribution margin ratio? 79%. 44%. Cannot be determined because amounts are not expressed per unit. 56%. Sunland Company sells a product with a contribution margin of $16 per unit, fixed costs of $223200, and sales for the current year of $320000. How much is Sunland's breakweven point? 9730 units $96800 13950 units 6050 units Sheridan Company produces flash drives for computers, which it sells for $20 each. The variable cost to make each flash drive is $13. During April, 500 drives were sold. Fixed costs were $1400 for the month. How much is the monthly breakeven level of sales in dollars for Sheridan? $4000 $200 $2000 $15000 Watenivay Industries produces only one product. Monthly fixed expenses are $13000, monthly unit sales are 4000, and the unit contribution margin is $10. How much is monthly net income? $53000 $40000 $27000

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