Question
A company's product sells at $47.50 per unit and has a $22.50 per unit variable cost. The company's total fixed costs are $97,500. 10. The
A company's product sells at $47.50 per unit and has a $22.50 per unit variable cost. The company's total fixed costs are $97,500.
10. The contribution margin per unit is: A. $22.50 B. $47.50 C. $25.00
D. $20.00 E. $32.50
11. The break-even point in units is: (round up to a whole unit for example, 1.1 units is 2) A. 2,053 B. 4,333 C. 3,900
D. 8,167 E. 3,500
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Fundamentals of Financial Accounting
Authors: Fred Phillips, Robert Libby, Patricia Libby, Brandy Mackintosh
4th Canadian edition
978-1259269868, 978-1259103292
