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ABC company sells a single product. The company's most recent Income statement is given below. Sales(100 units) $50,000 Less variable expenses (30,000) Contribution margin 20,000
ABC company sells a single product. The company's most recent Income statement is given below. Sales(100 units) $50,000 Less variable expenses (30,000) Contribution margin 20,000 Less fixed expenses (12.500) Op. Income $ 7.500 Contribution margin ratio is ....... 6.6% 30% If sales increase by $50,000, operating income will increase by....... O 11,500$ 0 12.500$ 20.000$ 37.500$ The break even point in units is 177 units 63 units 250 units 155 units If the current level of sales is 100 units, compute the margin of safety in units 63 units 37 units 33 units 150 units
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