Question
A product has a contribution margin ratio of 50% and selling price of $12 per unit. Fixed costs are $15,000. Assuming the company increases the
A product has a contribution margin ratio of 50% and selling price of $12 per unit. Fixed costs are $15,000. Assuming the company increases the selling price to $16 and doubles fixed costs, what is the breakeven point in units? Please show me the work.
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Financial And Managerial Accounting For Decision Makers
Authors: Michelle Hanlon, Robert Magee, Glenn Pfeiffer, Thomas Dyckman
4th Edition
1618533614, 9781618533616
