A manufacturer sells an item for $45 each. It has fixed costs of $3000 per month and

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A manufacturer sells an item for $45 each. It has fixed costs of $3000 per month and it needs to sell 480 items to break even.

a. What are the variable costs per item?

b. C. What is the contribution margin (CM) per item? What is the net income per month at 60% above break-even volume?

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Mathematics Of Business And Finance

ISBN: 9781927737545

4th Edition

Authors: Larry Daisley, Thambyrajah Kugathasan, Diane Huysmans

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