uestion 9 If sales are $28,000, variable costs are $8,000, and fixed costs are $4,000, the contribution margin ratio is: (rounded to the nearest number) Eyet wered O a. 57% rked out of O b. None of the given answers O c. 71% Flag estion O d. 29% O e. 14% 23 Company XYZ produces and sells two types of calculators: Basic and Scientific. The Basic has a lower selling price per unit compared to the Scientific. However, the Basic has a higher contribution margin compared to the Scientific. Due to fixed production capacity, the company has a cap on total production ability. If the company's CEO has decided to shift the sales mix towards producing more Basic calculators. What would be the effect on total profits? Not yet answered Marked out of 0.60 P Flag question O a. Total profits would remain the same O b. Cannot be determined using the above information O c. None of the given answers O d. Total profits would increase O e. Total profits would decrease Question 24 Mazoon Company has fixed costs of $15,000 and a breakeven point of 600 units. If the company plans to produce 750 units, and sales increase by 10%, its operating income will increase by: Not yet answered O a. 50% Marked out of O b. 30% O c. 20% 1.00 P Flag question O d. 60% o e. None of the given answers