Break-Even Analysis

The Junior League of Yadkinville, California, collected recipes from members and published a cookbook entitled Food for Everyone. The book will sell for $34 per copy. The chairwoman of the cookbook development committee estimated that the club needed to sell 7,800 books to break even on its $93,600 investment. What is the variable costs per unit assumed in the Junior Leagues analysis? (Round your answer to the nearest whole number.) $fill in the blank 1 per unit

Contribution Margin and Contribution Margin Ratio

For a recent year, Wicker Company-owned restaurants had the following sales and expenses (in millions):

Sales	$41,200
Food and packaging	$14,804
Payroll	10,400
Occupancy (rent, depreciation, etc.)	8,756
General, selling, and administrative expenses	6,000
	$39,960
Income from operations	$1,240

Assume that the variable costs consist of food and packaging, payroll, and 40% of the general, selling, and administrative expenses.

a. What is Wicker Company's contribution margin? Round to the nearest million. (Give answer in millions of dollars.) $fill in the blank 1 million

b. What is Wicker Company's contribution margin ratio? Round to one decimal place. fill in the blank 2 %

c. How much would income from operations increase if same-store sales increased by $2,500 million for the coming year, with no change in the contribution margin ratio or fixed costs? Round your answer to the closest million. $fill in the blank 3 million