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46 - 60. Suppose that Helen sells a handmade bag for $60, while each bag has a variable cost of 32. Helen has a monthly
46 - 60. Suppose that Helen sells a handmade bag for $60, while each bag has a variable cost of 32. Helen has a monthly fixed cost of $9,000, and she is currently selling 700 bags. (Show all computations 5 marks each) A. Prepare the Contribution Margin Income Statement for Helen Bill Store month ended March 2020. B. Compute for the unit contribution margin C. How many bags does Helen need to sell to earn $5,500 profit
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