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
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Related Book For
Mathematics Of Business And Finance
ISBN: 9781927737545
4th Edition
Authors: Larry Daisley, Thambyrajah Kugathasan, Diane Huysmans
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