Playful Kids company Manufactures several Toys .The following Average Revenue and Cost of Sales are as follows:

Selling price per unit $20

Variable cost per unit:

Direct Materials $4.00

Direct Manufacturing Labour $1.6

Manufacturing Overhead $0.40

Selling Costs $2.00

Annual fixed Costs $96.00

(A)Calculate the contribution margin per unit.

(B) Calculate the number of units that must be sold to break even each year.

(C)Calculate the number of units that must be sold to yield a profit of $144.00

Answer rating: 100% (QA)

A Contribution margin per unit Contribution margin per unit Selling price per unit Variable cost per ... View the full answer