Question
1) Syntax had the following costs data available for 2020: Fixed costs: Manufacturing $165,000 Marketing 52,000 Administrative 24,000 Variable costs: Manufacturing $2.50 per unit Marketing
1) Syntax had the following costs data available for 2020: Fixed costs: Manufacturing $165,000 Marketing 52,000 Administrative 24,000 Variable costs: Manufacturing $2.50 per unit Marketing 1.25 per unit Administrative .75 per unit During the year, Syntax sold its products for $6.50 per unit. What is the Syntax contribution margin for 2020?
$4.50
$6.50
$2.00
$4.00
2) ABC Company sells products for $100 each that have variable costs of $25 per unit. Sun Companys annual fixed costs are $1,500,000. Determine break-even in units and in dollars. PROVE your answer!
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