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3 The product sells for $100 per unit and has a CM ratio of 20% . The company's fixed expenses are $420,000 per year. 4
3 The product sells for
$100
per unit and has a CM ratio of
20%
. The company's fixed expenses are
$420,000
per year.\ 4 The company plans to sell 25,000 knapsacks this year.\ 6\ 7 Required:\ A) What are the variable expenses per un(Marks 3)\ 10\ 11\ 12\ 13\ 14\ 15\ 16\ 17\ B) What is the break-even point in units and in sales dollars?(Marks 3)\ C) What sales level in units and in sales dollars is required to earn an annual profit of
$105,000
? (Marks 3)
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