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. ABC Company produces and sells two products, A and B. The following information is available for the month of July: Product A: Selling Price
. ABC Company produces and sells two products, A and B. The following information is available for the month of July: Product A: Selling Price per Unit: $40 Variable Costs per Unit: $15 Fixed Costs: $10,000 Product B: Selling Price per Unit: $60 Variable Costs per Unit: $25 Fixed Costs: $15,000 During the month, Product A sold 500 units, and Product B sold 300 units. a) Calculate the contribution margin and contribution margin ratio for each product. b) Determine the total contribution margin and contribution margin ratio for the company. c) Calculate the company's break-even point in dollars.
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