Please answer the below questions for mba 560 financial and managerial accounting.

The Halpert Group produces a single product selling for $70 per unit. Variable costs are $7 per unit and total fixed costs are $5,000. What is the contribution margin ratio?

A. 1.11

B. 0.63

C. 0.90

D. 0.10

If the selling price per unit is $40.00, the variable expense per unit is $30, and total fixed expenses are $200,000, what are the breakeven sales in dollars?

A. $114,286

B. $5,000

C. $50,000

D. $800,000

Assume the following amounts:

Total fixed costs	$24,000
Selling price per unit	$20
Variable costs per unit	$15

If sales revenue per unit increases to $22 and 12,000 units are sold, what is the operating income?

A. $60,000

B. $264,000

C. $84,000

D. $108,000

Given breakeven sales in units of 34,000 and a unit contribution margin of $5, how many units must be sold to reach a target operating income of $8,000?

A. 35,600

B. 40,000

C. 1,600

D 32,400

What will be the effect on the contribution margin ratio if the selling price per unit decreases and variable cost per unit remains the same?

A. It will decrease.

B. It will increase.

C. It will remain the same.

D. It is impossible to determine with the given information.