Use the information below to answer the following question(s).

Geraldo Inc. sells several products. Information of average revenue and costs is as follows:

Selling price per unit	$30.00
Variable costs per unit:
Direct material	$4.13
Direct manufacturing labour	$1.50
Manufacturing overhead	$1.46
Selling costs	$1.85
Annual fixed costs	$110,000

1. The Geraldo Inc. contribution margin ratio is
   1. 33.13%
   2. 42.51%
   3. 29.82%
   4. 63.70%
   5. 70.20%

2. The Geraldo Inc. break-even point in sales dollars is
   1. $156,693.
   2. $156,696.
   3. $156,695.1.
   4. $156,720.
   5. $156,690.

3. The Geraldo Inc. break-even point in units is
   1. 5,223 units.
   2. 5,224 units.
   3. 5,223.17 units.
   4. 5,223.2 units.
   5. 5,223.1 units.