XYZ Company's single product has a selling price of $25 per unit. Last year the company reported profit of $100,000 and variable expenses totaling $480,000. The product has a 40% contribution margin ratio. Because of competition, XYZ Company will be forced in the current year to reduce its selling price by $2 per unit. How many units must be sold in the current year to earn the same profit as was earned last year? Select one: a. 48,000 b. 40,000 c. 32,000 d. 58,000 e. 22,000 Company XYZ sells two products: AAA and BBB. Product AAA has a lower selling price but higher contribution margin compared to product BBB. Assume that the factory has fixed production capacity. If Company XYZ decided to produce and sell more units of product AAA compared to product BBB, which one of the following is likely to happen? Select one: a. Total profits will remain the same b. Total profits will decrease C. Total profit will increase d. None of the given answers e. Total sales will increase Before a company reaches the breakeven point Select one: a. The total operating income is negative b. The total contribution margin is negative C. The fixed cost is equal to zero d. The contribution margin per unit is higher than the fixed costs per unit e. The variable cost is decreasing All else being equal, what happens to the unit contribution margin and the contribution margin ratio if the sales price per unit decrease? Select one: a. Unit contribution margin increases while contribution margin ratio decreases b. None of the given answers. c. Both unit contribution margin and contribution margin ratio are unchanged. d. Both unit contribution margin and contribution margin ratio increase. e. Unit contribution margin decreases while contribution margin ratio increases