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Q-33

If the unit sales price is $12, variable costs are $6 per unit and fixed costs are $26,000 what is the contribution margin ratio per unit? Multiple Choice O 40% O 50% O 60% O 70%Millar Company produces a single product that it sells for $89 a unit. If the fixed costs of manufacturing and selling the product are $68,400 a month and the variable costs are $57 a unit, which of the below is correct? Multiple Choice O The fixed costs amount to $32 per unit at any level of output within a relevant volume range. O The company will break even with a sales volume of $68,400 a month. O An increase in sales volume above $68,400 a month will cause an increase in fixed costs. The contribution margin per unit of product is $32