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Julie Walker sells homemade knit scarves for $24 each at local craft shows. Her contribution margin ratio is 62.5%. Currently, the craft show entrance fees
Julie Walker sells homemade knit scarves for $24 each at local craft shows. Her contribution margin ratio is 62.5%. Currently, the craft show entrance fees cost Julie $1,000 per year. The craft shows are raising their entrance fees by 15% next year. How many extra scarves will Julie have to sell next year just to pay for rising entrance fee costs? C! Begin by identifying the general formula to compute the breakeven sales in units. + Breakeven sales in units Julie will have to sell extra scarves next year just to pay for rising entrance fee costs
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