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I want the answers as a text, not by hand. Attawfik company sells product A for $80 each. Number of units 50,000. The income statement
I want the answers as a text, not by hand.
Attawfik company sells product A for $80 each. Number of units 50,000. The income statement for previous period was a following:
Sales $4,000,000
Variable costs (2,200,000)
Contribution Margin 1,800,000
Fixed costs (1,600,000)
Pretax profit $200,000
A- Compute the contribution margin per unit and the number of units that must be sold to break even.
B- Compute the contribution margin ratio and the breakeven point in total revenue.
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