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ASAP apen Progress In 2019, Demuth Company had a break-even point of $326,600 based on a selling price of $7 per unit and fixed costs
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apen Progress In 2019, Demuth Company had a break-even point of $326,600 based on a selling price of $7 per unit and fixed costs of $111,044. In 2020, the selling price and the variable cost per unit did not change, but the break-even point increased to $450,300. Calculate the variable cost per unit and the contribution margin ratio for 2019. (Round variable cost per unit to 2 decimal places, eg. 15.25.) Variable cost per unit Contribution margin ratio 96 Calculate the increase in fixed costs for 2020. Increase in fed costs $Step by Step Solution
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