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In September, Wildhorse Industries sold 850 units of product. The average sales price was $40. During the month, fixed costs were $8,508 and variable costs

In September, Wildhorse Industries sold 850 units of product. The average sales price was $40. During the month, fixed costs were $8,508 and variable costs were 70% of sales.

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 %

eTextbook and Media

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

Break-even sales (in dollars)

$enter a dollar amount

Break-even sales (in units)

enter a number of units units

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