Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Blossom Confectionery sells its Stack-o-Choc candy bar for $0.8. The variable cost per unit for the candy bar is $0.36; total fixed costs are
Blossom Confectionery sells its Stack-o-Choc candy bar for $0.8. The variable cost per unit for the candy bar is $0.36; total fixed costs are $220,000. (a) Your answer is correct. What is the contribution margin per unit for the Stack-o-Choc candy bar? (Round per unit answer to 2 decimal places, e.g. 52.75.) (b) (c) Contribution margin per unit eTextbook and Media Your answer is correct. 0.44 Attempts: 1 of 4 used What is the contribution margin ratio for the Stack-o-Choc candy bar? (Round ratio to 2 percentage places, e.g. 0.3875 = 38.75%.) Contribution margin ratio eTextbook and Media 55 % Attempts: 1 of 4 used What is the breakeven point in units? In sales dollars? (Round answers to O decimal places, e.g. 5,275. Use your answer of breakeven units to calculate the breakeven point in dollars.) Breakeven point in units Breakeven sales in dollars bars
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started