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Answer the following question(s) using the information below. Burger Bobs Boathouse sells only one product. 7,000 units were sold in a year resulting in $70,000
Answer the following question(s) using the information below.
Burger Bobs Boathouse sells only one product. 7,000 units were sold in a year resulting in $70,000 of sales revenue. Variable costs were $39,970 for the year, and fixed costs were $12,000.
- Contribution margin per unit is
- $4.29
- $4.00
- $6.00
- $10.00
- $5.71
- Break-even point in volume is
- 2,000 units.
- 3,000 units.
- 5,000 units.
- 2,798 units.
- 2,797 units.
- The number of units required to be sold to achieve $52,350 of operating profit is
- 10,000 units.
- 11,666 units.
- 12,000 units.
- 18,000 units.
- 15,000 units.
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