In September, Oriole Industries sold 830 units of product. The average sales price was $50. During the month, fixed costs were $7,905 and variable costs were 70% of sales.

(a)

Partially correct answer icon

Your answer is partially correct.

Determine the contribution margin in dollars, per unit, and as a ratio. (Round Contribution margin to 0 decimal places, e.g. 5,275. Other all answers to 2 decimal places, e.g. 52.75.)

Contribution margin (in dollars)		$enter a dollar amount rounded to 0 decimal places
Unit contribution margin		$enter a dollar amount rounded to 2 decimal places
Contribution margin ratio		enter percentages rounded to 2 decimal places	%

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(b)

Using the contribution margin technique, compute break-even sales dollars and sales units.

Break-even sales (in dollars)		$enter a dollar amount
Break-even sales (in units)		enter a number of units	units