&canvas_user_login_id=agarc263&canvas_module_item_id=15042641&tool_consumer_info_version... a Update : 10/18/21 6:51 PM Question 4 Thi Submit Test SpeedCo. Manufactures 1 GB flash drives (jump drives). Price and cost data for a relevant range extending to 200,000 units per month are as follows: Data Table (Click the icon to view the data.) Requirements Ignore requirements 2, 3, 9 & 10 Sales price per unit Requirement 1. What is the company's contribution margin per unit? (current monthly sales volume in 120,000 units) . . . . .. . . . . . . $ 20.00 The contribution margin per unit is $. Variable costs per unit: What is the company's contribution margin ratio? Direct materials 6.40 The contribution margin ratio is% Direct labor . . . . . . . . . . . 5.00 Variable manufacturing overhead 2.20 What is the company's total contribution margin? Variable selling and administrative expenses . . . . . . . . . ... 1.40 The total contribution margin is $. Monthly fixed expenses: Fixed manufacturing overhead . . . . D 191,400 Requirement 4. What is the breakeven point in units? Fixed selling and administrative expenses . . . . . . . . . . . . .. 276,600 The company's breakeven point is |units. What is the breakeven point in sales dollars? The breakeven point in dollars is $. Print Done Requirement 5. How many units would the company have to sell to earn a target monthly profit of $260,000? In order to earn a monthly profit of $260,000, the company must sell |units. Requirement 6. Management is currently in contract negotiations with the labor union. If the negotiations fail, direct labor costs will increase by 10%, and fixed costs will increase by $22,500 per month. If these costs increase, how many units will the company have to sell each month to break even? (Round your answer up to the nearest whole number.) The new breakeven point is units Requirement 7. Return to the original data for this question and the rest of the questions. What is the company's current operating leverage factor (round to two decimals)? The operating leverage factor is. Requirement 8. If sales volume increases by 8%, by what percentage will operating income increase? (Round the percentage to one decimal place.) Time Remaining: 01:52:06 Next