Question: Sheffield Corp. sells 200000 units for $14 a unit. Fixed costs are $350000 and net income is $250000. What should be reported as variable expenses

Sheffield Corp. sells 200000 units for $14 a unit. Fixed costs are $350000 and net income is $250000. What should be reported as variable expenses in the CVP income statement? O $2550000 O $600000 $2450000 O $2200000 JULEFIMA The following monthly data are available for Sunland Company, which produces only one product Selling price per unit. 549: Unit variable expenses, 514: Total fixed expenses, $42000. Actual sales for the month of June, 5000 units. How much is the margin of safety for the company for June? O $42000 O $84000 O $186200 O $1200 Bonito Industries has a unit contribution margin of $30 and a contribution margin ratio of 20%. How much is the selling price of cach unit? O $150 $6 O $38 Cannot be determined without more information How much sales are required to earn a target net income of $230000 if total food costs are $250000 and the contribution margin ratio is 40% O $1092500 O $625000 $1200000

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