Variable cost per unit =$12.00 ABC Company has the following: Total fixed costs =$30,000 Revenue per unit =$22.00 Contribution margin ratio =30% Total fixed costs =$30,000 What is the break-even point in units rounded to the next Sales revenue per unit =$10 highest whole number? Calculate the number of units to break-even. Answer: Answer: 3 ABC Company has the following: Contribution margin ratio =30% Total fixed costs =$30,000 Sales revenue per unit =$10 ABC currently sells 15,000 units a year. If ABC sells one more unit, by how much will net income increase? Answer: 4 5 Hulk Enterprises has the following facts: Jelly Roll Company manufactures a product with a variable cost per unit of $100 and total fixed costs of $2,000,000. - Received $30,000 cash from customers paying on their Revenue per unit is $300. Calculate the number of units account (paying for services provided to them in a prior needed to achieve a target profit of $400,000. period). - Paid $25,000 cash to suppliers for goods received in a prior period. - Received $100,000 cash from customers for services Answer: provided to them in the current accounting period. - Used up $20,000 of prepaid expenses in the current period. - Provided $40,000 of services to customers in the current period who had paid for those services in a prior period. - Paid $60,000 cash to suppliers for goods received in the current period. - Provided $25,000 of services to customers in the current period who will pay in a later period. Calculate cash basis net income for the current period