The number of units sold by Lenin Company last month is 80,000 units with a unit selling price of $250 per unit. The fixed expenses are $2,400,000 per month, and the variable expenses per unit include the items given in the below table.

1. What is the unit contribution margin? *

$100 per unit

$110 per unit

$131 per unit

$219 per unit

None of the above

2. What is the break-even point in dollar sales? *

$2,400,000

$6,000,000

$8,000,000

$20,000,000

None of the above

3. What is the net operating income for last month? *

$2,400,000

$5,600,000

$8,000,000

$14,000,000

None of the above

4. What is the companys margin of safety in percentage terms? *

30%

40%

60%

70%

None of the above

5. What is the amount of dollar sales needed to earn a target profit of $1,800,000? *

$1,800,000

$6,000,000

$10,500,000

$20,000,000

None of the above

Item Direct Materials Direct Labor Variable Manufacturing Overhead Variable Selling and Administrative Expenses Amount $85 per unit $34 per unit $21 per unit $10 per unit