Simple Purse Inc. makes bags and sells them for $36 each. The total revenue at the break-even

Question:

Simple Purse Inc. makes bags and sells them for $36 each. The total revenue at the break-even point is $81,000 per month and the contribution margin per bag is $27.

a. Calculate the break-even volume.

b. Calculate the fixed costs per month.

c. Calculate the total revenue if the company sells 2500 bags in a month.

AppendixLO1

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

Step by Step Answer:

Related Book For  book-img-for-question

Mathematics Of Business And Finance

ISBN: 9781927737545

4th Edition

Authors: Larry Daisley, Thambyrajah Kugathasan, Diane Huysmans

Question Posted: