The information given in the below table pertains to Millar Company for last month. 250,000 units are sold for $50 per unit. The fixed expenses are $1,800,000 per month, and the variable expenses per unit include the items given in the below table.

11. What is the contribution margin ratio?

a)20%

b)40%

c)50%

d)60%

e)None of the above

12. What is the break-even point in unit sales?

a)36,000 units

b)45,000 units

c)90,000 units

d)250,000 units

e)None of the above

13. What is the net operating income for last month?

a)$3,200,000

b)$5,000,000

c)$7,950,000

d)$10,700,000

e)None of the above

14. What is the companys margin of safety in dollars?

a)$4,500,000

b)$5,000,000

c)$8,000,000

d)$12,500,000

e)None of the above

15. What is the amount of dollar sales required to earn a target profit of $4,000,000?

a)$4,000,000

b)$4,500,000

c)$10,000,000

d)$14,500,000

e)None of the above

Item: Direct Materials Direct Labor Variable Manufacturing Overhead Variable Selling and Administrative Expenses Amount $10 per unit $9 per unit $7 per unit $4 per unit