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SRT Company sells only one product. The regular selling price is $30 per unit. The entity plans/budgets to sell 600 units. Variable costs are 70%

SRT Company sells only one product. The regular selling price is $30 per unit. The entity plans/budgets to sell 600 units. Variable costs are 70% of this selling price, and fixed costs are $4,500 per month. Use the original data to answer the following questions, except as indicated.

1 What is the variable cost per unit?

2 What is the variable expense ratio?

3 What is the contribution margin ratio?

4 What is the contribution margin per unit?

5 What is the entitys total sales revenue?

6 What is the entitys total variable expense?

7 What is the entitys total contribution margin?

8 What is the entitys total net operating income?

9 How many units need to be sold to break-even?

10 What is the total sales dollars at break-even?

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