Incline Company generated ($1,400,000) in revenue selling 800 units of its only product. Each unit has a

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Incline Company generated \($1,400,000\) in revenue selling 800 units of its only product. Each unit has a contribution margin of \($280\). The company has fixed costs of \($125/unit\) at the current production volume (assume unit production volume equals unit sales volume).

a. What is the contribution margin ratio for Incline's product?

b. Calculate the break-even point in revenue for Incline?

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Managerial Accounting For Undergraduates

ISBN: 9780357499948

2nd Edition

Authors: James Wallace, Scott Hobson, Theodore Christensen

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