21. Splurge Electronics sells homework machines for $80 each. Variable costs per unit are $45 and total fixed costs are $43,750. Splurge is considering the purchase of new equipment that would increase fixed costs to $48,700, but decrease the variable costs per unit by $5. At that level, Splurge Electronics expects it can sell 1,500 units next year. What is the company's break-even point in units if it purchases the new equipment, assuming the selling price remains constant? (Round your answer to the nearest whole number.) A. 1,250 units B. 1,218 units C. 650 units D. 2,312 units 22. MDI Enterprises prepared the following income statement for June: Sales revenue (6,000 units) $150,000 Cost of goods sold: Fixed costs $18,000 Variable costs 30,000 48,000 Gross profit 102,000 Operating expenses: Fixed costs 27,000 Variable costs 12.000 39,000 Operating income $ 63,000 How much is MDI's total contribution margin? A. $120,000 B. $108,000 C. $105,000 D. $93,000 9. Management of MRC Enterprises has provided the following output from Excel: SUMMARY OUTPUT Statistics Multiple R 0.8939072 R Square 0.7990 702 Adjusted R2 0.7488377 Standard Error 10744.516 Observations 6 F 15.90745 ANOVA Regression Residual Total 1 SS 1836429 46177852 2298208 MS 1836429 11544463 Significance F 0.0162864 4 5 Lower Intercept X Variable 1 Coefficients 47757.05 6.364 Std Error 34958.30 1.595798 1 Stat 1.36611 3.98841 P-value 0.24366 0.01628 Lower 95% 49302.764 1.9340590 Upper 95% 144816.88 10.795352 95% 49302 1.9340 Upper 95% 1448 16.8 10.79535 What is the estimated cost for a production level of 1,200 units? A. $1,730 B. $55,394 C. $7,636 D. There is not enough information provided to determine the