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Help with managerial accounting?? Karney Company has revenues of $500,000, variable costs of $350,000, and fixed costs of $135,000. The sales price per unit is
Help with managerial accounting??
Karney Company has revenues of $500,000, variable costs of $350,000, and fixed costs of $135,000. The sales price per unit is $100 and the Variable Cost per unit is $70, at this level of sales the Fixed Costs per unit is $27.
a. compute the contribution margin per unit and the contribution margin ratio
b. compute total unfits and sales dollars needed to break even.
c. compute total sales dollars needed to achieve a target operating income of $45,000
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