Fayville Office Supplies has provided the following contribution margin income statement. Fayville Office Supplies Contribution Margin Income Statement 30,000 Units Sold Total Per Unit Sales revenue $450,000 $15.00 Less: Variable costs 240,000 8.00 Contribution margin $210,000 $ 7.00 Less: Fixed costs 100,000 Net operating income $110,000 Percent 100.00% 53.33% 46.67% Knowledge Check 01 If the per-unit sales revenue is reduced to $14, how many units must be sold to earn the same net operating income of $110,000? O 15,714 units O 20,000 units O 35,000 units O 22,000 units Knowledge Check 02 Which of the following statements will be true, assuming that the per-unit variable costs decrease by $2, and all other variables remain constant? O Sales revenue will increase by $60,000 O Variable costs as a percentage of sales will increase by 13.33 percentage points O Net operating income will decrease by $60,000 O Contribution margin ratio will increase by 13.33 percentage points A company has calculated its indifference point to be 100,000 units for deciding on whether to automate its manufacturing process. What will happen to profits if the company does automate and sales volume is only 90,000 units? Multiple Choice Profits remain the same Profits will decrease a Profits will increase Juniper Enterprises sells handmade clocks. Its variable cost per clock is $12.80, and each clock sells for $32. Calculate Juniper's contribution margin per unit and contribution margin ratio. If the company's fixed costs total $14,016, determine how many clocks Juniper must sell to break even. Complete this question by entering your answers in the tabs below. Contribution Break Even Margin Point Calculate Juniper's contribution margin per unit and contribution margin ratio. (Round your "Unit Contribution Margin" answer to 2 decimal places.) Unit contribution margin Contribution margin ratio % Juniper Enterprises sells handmade clocks. Its variable cost per clock is $12.80, and each clock sells for $32. Calculate Juniper's contribution margin per unit and contribution margin ratio. If the company's fixed costs total $14,016, determine how many clocks Juniper must sell to break even. Complete this question by entering your answers in the tabs below. Contribution Break Even Margin Point If the company's fixed costs total $14,016, determine how many clocks Juniper must sell to break even. Break-even units