Answered step by step
Verified Expert Solution
Question
1 Approved Answer
everything is correct except my part 2 SBD Phone Company sells its waterproof phone case for $92 per unit. Fixed costs total $167.000, and variable
everything is correct except my part 2
SBD Phone Company sells its waterproof phone case for $92 per unit. Fixed costs total $167.000, and variable costs are $32 per unit (1) Determine the contribution margin ratio per unit Less Variable cost Contromagn Contribution Margin Ratio Choose Numerator: Choose Denominator: Contribution margin perunt Seting price per unit 603 92 (2) Determine the break-even point in dollars. Choose Numerator: Choose Denominator Fonalfixed costs Contribution margin erunt s 167 000 35%- - - = Contribution Margin Ratio Contribution margin ratio 05% - Break-Even Point in Dollars Break even point in dollars 477,163Step 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