20 01 Exam 3 Fall 2021 00 Jasmine Broner: Attempt 1 Question 4 (30 points) Sports Caps Co, manufactures caps for sporting events. The fixed costs of operating the company are $175,000 per month and variable costs are 58 per cap. The caps are sold for $12 per unit. The production capacity is 125,000 caps. Calculate the following Contribution margin per cap Break even in units Amount of income at 45,000 caps sold Amount of income at 90,000 caps sold Number of caps produced and sold to provide $100,000 of income. Contribution margin ratio Break even in sales dollars. 2 16 + Paragrach B 1 UAE * 2 o O CE SUNT - DI ON 4 40 Priser End Home Pop w F3 $ %6 & o N 7 20 01 Exam 3 Fall 2021 00 Jasmine Broner: Attempt 1 Question 4 (30 points) Sports Caps Co, manufactures caps for sporting events. The fixed costs of operating the company are $175,000 per month and variable costs are 58 per cap. The caps are sold for $12 per unit. The production capacity is 125,000 caps. Calculate the following Contribution margin per cap Break even in units Amount of income at 45,000 caps sold Amount of income at 90,000 caps sold Number of caps produced and sold to provide $100,000 of income. Contribution margin ratio Break even in sales dollars. 2 16 + Paragrach B 1 UAE * 2 o O CE SUNT - DI ON 4 40 Priser End Home Pop w F3 $ %6 & o N 7