When total contribution margin equals total fixed costs, a company has Select one: a. A net loss b. Net income. c. Zero profit. d. Higher variable cost and fixed cost. When the total contribution margin is lesser than total fixed costs, a company has Select one: a. Net income. b. Higher variable cost and fixed cost. c. Zero profit. d. A net loss A company produces a product that sells for $100. Variable costs per unit equal $35. The contribution margin percentage equal Select one: a. 35% b. 65% c. 135 d. 60 Shine Jewelry sells 400 units resulting in $7,000 of sales revenue, $3,000 of variable costs, and $1,500 of fixed costs. Calculate the variable cost per unit. Select one: a. $10.00 b. $7.50 C. $11.00 d. $7.00 Al Safa Company has a sales budget of 60,000 finished units for the next period. The beginning finished good inventory 10,000 and the target ending finished goods inventory 8,000 units. It takes 3 hours of direct labor to make one unit of finished product and The budgeted variable manufacturing overhead rate is $15 per direct manufacturing labor-hour, what is The budgeted MOH cost : Select one: a. 174,000 b. 2,610,000 c. 930,000 d. 940,000