Small Fries is a company that processes gourmet potatoes into little french fries. Each pack- age has

Question:

Small Fries is a company that processes gourmet potatoes into little french fries. Each pack- age has a contribution margin of $2.50. Small Fries has total fixed costs of $40,000 each pe- riod. The selling price of one package is $5. Sales for the most recent period totaled $90,000.

Required What is the company's breakeven point in units? In dollars?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Managerial Accounting Information For Decisions

ISBN: 9780324222432

4th Edition

Authors: Thomas L. Albright , Robert W. Ingram, John S. Hill

Question Posted: