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1. Lopez Company had a net loss of $3.00 per unit when sales were 40,000 units. When sales were 50,000 units, the company had a
1. Lopez Company had a net loss of $3.00 per unit when sales were 40,000 units. When sales were 50,000 units, the company had a loss of $1.60 per unit. How much is the contribution margin per unit of the product? a. $4.00 b. $1.75 C. $4.60 d. $1.40 2. If the profit margin before tax is 8%, contribution margin 20%, and a margin of safety of P80,000. What is Cott's fixed cost? 3. $24,000 4. $16,000 5. $96,000 6. $80,000
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