17.

The number of units of CK74 that Ruby must sell to break even is (rounded, if necessary):

4,201.

10,400.

7,048.

8,471.

#18 20

Accents Associates sells only one product, with a current selling price of $190 per unit. Variable costs are 30% of this selling price, and fixed costs are $21,000 per month. Management has decided to reduce the selling price to $185 per unit in an effort to increase sales. Assume that the cost of the product and fixed operating expenses are not changed by this reduction in selling price.

references

18.

At the current selling price of $190 per unit, the contribution margin ratio is:

140%.

30%.

57%.

70%.

19.

.

At the current selling price of $190 per unit, the dollar volume of sales per month necessary for Accents to break even is:

$21,000.

$30,000.

$100,000.

Some other amount.

references

20.

At the current selling price of $190 per unit, what dollar volume of sales per month is required for Accents to earn a monthly operating income of $9,000?

$21,000.

$333,333.

$42,857.

Some other amount.