Question
Crossroads Music plans to sell 6,000 MP3 players at $60 each in the coming year. Variable cost per unit is $12 and total fixed cost
Crossroads Music plans to sell 6,000 MP3 players at $60 each in the coming year. Variable cost per unit is $12 and total fixed cost is $24,000. Required: A. Calculate the variable cost ratio. B. Calculate the contribution margin ratio. C. Calculate the break-even point in sales dollars. D. If Crossroads Music has a target profit of $90,000, how many MP3 players will they have to sell
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Cost Management Accounting And Control
Authors: Don R. Hansen, Maryanne M. Mowen
4th Edition
0324069731, 978-0324069730
