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Information concerning a product produced by Finch Company appears here: Sales price per unit $ 174 Variable cost per unit $ 75 Total annual fixed
Information concerning a product produced by Finch Company appears here:
Sales price per unit | $ | 174 | |
Variable cost per unit | $ | 75 | |
Total annual fixed manufacturing and operating costs | $ | 613,800 | |
Required
Determine the following:
Contribution margin per unit.
Number of units that Finch must sell to break even.
Sales level in units that Finch must reach to earn a profit of $326,700.
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