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Given the following financial information, please calculate the company's a) contribution margin and b) break-even point? Sales Price: $200/full sheet Costs: Executive salaries ($200,000/year), Marketing
Given the following financial information, please calculate the company's a) contribution margin and b) break-even point? Sales Price: $200/full sheet Costs: Executive salaries ($200,000/year), Marketing ($300,000/year), silver infusement ($15.00/sheet), Bamboo fabric ($12.00/sheet), Manufacturing - cutting/infusing process ($7.00/sheet), Direct labor (10 minutes/sheet, paid at $24/hour), Warehouse lease ($50,000/year), Equipment rental ($25,000/year), Packaging ($1/sheet), Shipping ($1/sheet) and Insurance ($25,000/year).
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