Question
Fixed costs for the Cutlass Company are $64,000. Variable costs per unit are $12 and the selling price is $20. Calculate a) Calculate the break-even
Fixed costs for the Cutlass Company are $64,000. Variable costs per unit are $12 and the selling price is $20.
Calculate
a) Calculate the break-even point in units
b) How many units must be sold to earn a pre-tax profit of $30,000?
c) What is the contribution margin in percentage?
d) How many units must he sell if he wants a 20% profit on sales?
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Managerial Accounting
Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac
13th edition
978-1285868806, 1285868803, 978-1305691254, 978-1305465640, 1305465644, 978-1285866307
