Consistent pre-equilibrium emission and statistical model calculations of fast neutron induced reaction cross sections are used to validate nuclear level densities for excitation energies up to 40 MeV in the mass regionA ≃50. A “composed” level density approach has been employed by using the back-shifted Fermi gas model for excitation energies lower than 12 MeV and a realistic analytical formula for higher excitations. In the transition region from the BSFG model range to that of full applicability of the realistic formula, an interpolation between the predictions of the two models is adopted. The interpolation rule, suggested by microscopic level density calculations, has been validated through the comparison of the calculated and experimental cross sections.