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Barbara Jones owns and operates Ivanhoe, a bakery that creates personalized birthday cakes for a childs first birthday. The cakes, which sell for $60 and

Barbara Jones owns and operates Ivanhoe, a bakery that creates personalized birthday cakes for a childs first birthday. The cakes, which sell for $60 and feature an edible picture of the child, are shipped throughout the country. A typical months results are as follows:

Sales revenue $958,200
Variable expenses 718,650
Contribution margin 239,550
Fixed expenses 129,450
Operating income $ 110,100

What is Ivanhoes contribution margin per unit?

Contribution margin per unit

$enter contribution margin per unit amount in dollar per cake

What is Ivanhoes monthly breakeven point in units?

Breakeven point enter breakeven point value in number of units cakes

What is Ivanhoes contribution margin ratio?

Contribution margin ratio enter contribution margin ratio in percentages %

What is Ivanhoes monthly breakeven point in sales dollars?

Breakeven sales $enter breakeven sales amount in dollars

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