Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Fixed costs= 500 , contribution margin per unit =10. Find sales in units to earn a net income of 100. Selling price per unit= 80
- Fixed costs= 500 , contribution margin per unit =10. Find sales in units to earn a net income of 100.
- Selling price per unit= 80 ; variable costs per unit= 60; fixed costs= 200.
Find the contrib. margin %.
- Actual sales=600 ; break even sales =400 ; contribution margin= 100. Find the margin of safety in dollars.
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