Using the information in ABC Companys operating data, answer questions 41, 42, 43 and 44.

ABC produces and sells candy bar boxes that sell at $ 36 per box. Its variable cost is $9 per box. The Company has $360,000 fixed Cost.

41. The contribution margin for ABCs product is:

a. $25

b. $16

c. $27

d. None of the above.

7.

42. The contribution margin ratio is:

a. 75%

b. 46 %

c. 36 %

d. None of the above

43. The breakeven point in dollars is:

a. $360,000

b. $120,000

c. $480,000

d. None of the above.

44. If the company wants a target profit of $16,000, what will be its new breakeven point in units?

a. 11,000 units

b. 16,000 units

c. 21,334 units

d. 21,000 units e. 22,000 units