Use the below information to answer the following NINE questions (numbered 5 through 13).

This information is extracted from the financial records of Olin Company for last year.

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

a-$1,000,000

b-$1,800,000

c-$3,200,000

d-$7,200,000

10. What is the companys margin of safety in dollars?

a-$1,800,000

b-$2,200,000

c-$3,200,000

d-$4,000,000

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

a-25%

b-55.56%

c-75%

d-80%

12. How many units are to be sold to earn a target profit of $1,600,000?

a-6,400 units

b-16,000 units

c-18,000 units

d-24,000 units

Item: Number of Units Sold Unit Selling Price Variable Expenses per Unit Fixed Expenses Level of Activity / Amount 18,000 units $400 per unit $300 per unit $800,000