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A company has an operating income of $20 million and total fixed expenses of $10 million. 5 million units are produced at a margin of
A company has an operating income of $20 million and total fixed expenses of $10 million. 5 million units are produced at a margin of $6 per unit. What should the margin per unit be if the company needs to achieve a break-even volume for the same number of units?
Select one:
a.
$5 per unit
b.
$2 per unit
c.
$4 per unit
d.
$3 per unit
e.
$1 per unit
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