Time left 1:50:21 Question 27 If sales are $22,000, variable costs are $8,000, and fixed costs are $2,500, the contribution margin ratio is: (rounded to the nearest number) Not yet answered Marked out of 1.00 a. 36% Ob. None of the given answers @c. 649 d. 11% O e 52% P Flag question Question 28 In the CVP analysis, Which of the following statements about the breakeven point is true? Not yet answered Marked out of 0.60 O a operating income for a company is equal to zero b. total contribution margin minus total fixed costs is equal to profits earned Oc. None of the given answers Od total sales revenues equal total fixed costs minus variable costs e. breakeven sales revenues equal total fixed costs divided by the variable cost per unit P Flag