The following information for the past year for the Blaine Corporation has been provided: $100,000 19,000 21,000 Fixed costs: Manufacturing Marketing Administrative Variable costs: Manufacturing Marketing Administrative $119,000 34,000 37,000 During the year, the company produced and sold 20,000 units of product at a selling price of $17.57 per unit. There was no beginning inventory of product at the beginning of the year. What is the contribution margin ratio for Blaine Corporation (round to 1 decimal)? O A. 6.1% B. 13.3% O C. 45.9% OD. 39.8% Jolly Company produces hula hoops. Jolly Company has the following sales projections for the upcoming year: First quarter budgeted hula hoop sales in units Second quarter budgeted hula hoop sales in units Third quarter budgeted hula hoop sales in units Fourth quarter budgeted hula hoop sales in units 22,000 35,000 18,000 32,000 Jolly Company wants to have 20% of the next quarter's sales in units on hand at the end of each quarter. Inventory at the beginning of the year was 3,700 hula hoops. How many hula hoops should Jolly Company produce during the first quarter? O A. 32,700 OB. 18,300 O C. 25,300 D. 22,000 Medoc Company provides the following information about its single product. Targeted operating income Selling price per unit Variable cost per unit Total fixed cost $52,190 $6.85 $4.75 $105,210 How many units must be sold to earn the targeted operating income? (Round the final answer up to the nearest unit.) A. 13,569 B. 50,100 C. 24,852 D. 74,953