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ABC Company sells a product that sells for $20 per unit. Variable costs are $8 per unit, and fixed costs total $12,000 annualy. a) What
ABC Company sells a product that sells for $20 per unit. Variable costs are $8 per unit, and fixed costs total $12,000 annualy.
a) What is the product's CM ratio ? ( 1 decimal place)
b) What is the break-even point in sales dollars? ( 0 decimal places )
c) What is the break-even point in sales units? ( 0 decimal places )
Answer with explanations please and thank you.
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