Question
Bridge Co. produces and sells a single productBridge usually sells 1,000 units each monthThe product sells for $ 200.00 per unit and its variable expense
Bridge Co. produces and sells a single productBridge usually sells 1,000 units each monthThe product sells for $ 200.00 per unit and its variable expense is $ 35.00 per unitThe company's monthly fixed expense is $ 40,000
Compute the contribution margin per unit
Compute the contribution margin ratio Compute the breakeven point in unitsRound up the next whole unit
Compute the breakeven point in sales dollars
Compute the number of units required to earn a target a profit of $ 20,000Round up the next whole unitPrepare a contribution margin format income statement to prove your answerThe bottom line will be off due to rounding
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