Question: Answer the following question(s) using the information below. Burger Bob's Boathouse sells only one product. 7,000 units were sold in a year resulting in $70,000

Answer the following question(s) using the information below.

Burger Bob's Boathouse sells only one product. 7,000 units were sold in a year resulting in $70,000 of sales revenue. Variable costs were $30,030 for the year, and fixed costs were $12,000.

1.Contribution margin per unit is

a.$4.29

b.$4.00

c.$6.00

d.$10.00

e.$5.71

2.Break-even point in volume is

a.2,101.57 units.

b.2,101.58 units.

c.2,102 units.

d.2,101.6 units.

e.2,101 units.

3.The number of units required to be sold to achieve $52,350 of operating profit is

a.11,269.35 units.

b.11,269 units.

c.11,270 units.

d.11,269.4 units.

e.2,102 units.

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