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Use the following information to answer the question: Selling price per unit $200 Variable manufacturing costs per unit $ 50 Fixed manufacturing costs per unit

Use the following information to answer the question:

Selling price per unit

$200

Variable manufacturing costs per unit

$ 50

Fixed manufacturing costs per unit

$ 60

Variable selling costs per unit

$ 40

Fixed selling costs per unit

$ 20

Expected production and sales

800 units

Breakeven for the product (rounded to the nearest whole unit)is:

Select one:

a.

1,280 units

b.

800 units

c.

711 units

d.

582 units

Contribution margin ratio is:

Select one:

a.

75%

b.

55%

c.

45%

d.

15%

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