Marigold Corp. reported the following information for the current year: Sales (35000 units) $700000, direct materials and direct labor $350000, other variable costs $35000, and fixed costs $360000. What is Marigolds contribution margin ratio?

24%.

76%.

45%.

55%.

At the break-even point of 2500 units, variable costs are $65000, and fixed costs are $35000. How much is the selling price per unit?

$14.00

$26.00

$40.00

$12.00

Sheffields Shop can make 1000 units of a necessary component with the following costs:

Direct Materials	$37000
Direct Labor	6000
Variable Overhead	3000
Fixed Overhead	?

The company can purchase the 1000 units externally for $55000. The unavoidable fixed costs are $2000 if the units are purchased externally. An analysis shows that at this external price, the company is indifferent between making or buying the part. What are the fixed overhead costs of making the component?

Cannot be determined

$9000

$7000

$11000