A) Maack Corporation's contribution margin ratio is 19% and its fixed monthly expenses are $50,500. If the company's sales for a month are $312,000, what is the best estimate of the company's net operating income? Assume that the fixed monthly expenses do not change.
B) Wyly Inc. produces and sells a single product. The selling price of the product is $210.00 per unit and its variable cost is $67.20 per unit. The fixed expense is $398,208 per month.
The break-even in monthly dollar sales is closest to:
$1,244,400
$846,192
$585,600
$398,208
C) Mounts Corporation produces and sells two products. In the most recent month, Product I05L had sales of $27,000 and variable expenses of $10,380. Product P42T had sales of $40,000 and variable expenses of $18,430. The fixed expenses of the entire company were $46,020. The break-even point for the entire company is closest to
$80,737
$46,020
$80,697
$74,830