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B. The MIC Company s Avon and Bona. MIC sells these products at the rate of 2 units of Avon and 3 units of Bona.
B. The MIC Company s Avon and Bona. MIC sells these products at the rate of 2 units of Avon and 3 units of Bona. The contribution margin per unit of Avon is P4 and of Bona is P2. MIC has a total fixed costs of P420,000. The selling price of Avon is P10 and Bona is P8. REQUIRED: Compute for the following: 1. Package contribution margin 2. Package contribution margin ratio 3. Break-even point in units 4. Break-even point in peso sales 5. Break-even point for each product
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