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I am going to open up my own sports jersey store I will be selling sports jerseys for $99 each my variable cost or $34
I am going to open up my own sports jersey store I will be selling sports jerseys for $99 each my variable cost or $34 show all your work not just an answer?1. What is my contribution margin per unit? 2. What is my contribution margin ratio? 3. If I sell 1000 jerseys in my first month of business what is my contribution margin in dollars? 4. If my total fixed costs for the month or $25,000 what is my profit for the month if I sell 1000 jerseys? 5. If my fixed cost for the month or $25,000 what is my break even point in units?
1. What is my contribution margin per unit?
2. What is my contribution margin ratio?
3. If I sell 1000 jerseys in my first month of business what is my contribution margin in dollars?
4. If my total fixed costs for the month or $25,000 what is my profit for the month if I sell 1000 jerseys?
5. If my fixed cost for the month or $25,000 what is my break even point in units?
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