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Umstead Company provides the following information about its single product. How many units must be sold to earn the targeted operating income? (Round the final

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Umstead Company provides the following information about its single product. How many units must be sold to earn the targeted operating income? (Round the final answer up to the nearest unit. A. 62,835 B. 19,935 C. 42,900 D. 14.718 Beel Patty Co, sells three cheeseburgers for every four regular hamburgers. A cheeseburger sells for $3.50 with a variable cost of $2.75. A regular hamburger sells for $2.75 with a variable cost of $1.00. What is the weighted average contribution margin? A. $1.32 B. $3.70 C. $1.48 D. 59.25 If the fixed costs increase while the sales price per unit and variable costs per unit remain constant, which of the following statements is true? A. The contribution margin decreases and the breakeven point increases. B. The contribution margin increases and the breakeven point decreases: C. The contribution margin stays the same and the breakeven point decreases. D. The contribution margin stays the same and the breakeven point increases: The following information for the past year for the Magic Corporation has been provided: During the year, the company produced and sold 70,000 units of product at a selling price of $11.25 per unit. There was no beginning inventory of product a the beginning of the year. What is the contribution margin for the year? A. $606,500 B. $634,500 C. $453,500 D. $787,500 Glor Enterprises currently sells its products for $1,300 per unit. Management is contemplating a 20% increase in the selling prico for the next year. Variable costs are currently 50% of sales revenue and are not expected to change next year (the company will still pay the same variable cost per unit). Fixed expenses are $109,200 per year. What is the breakeven point in units at the anticipated selling price per unit next year? A. 49 units B. 650 units c. 280 units D. 120 units

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