Question
Juniper Enterprises sells handmade clocks. Its variable cost per clock is $12.40, and each clock sells for $31. Calculate Junipers contribution margin per unit and
Juniper Enterprises sells handmade clocks. Its variable cost per clock is $12.40, and each clock sells for $31.
Calculate Junipers contribution margin per unit and contribution margin ratio.
If the companys fixed costs total $12,834, determine how many clocks Juniper must sell to break even.
Complete this question by entering your answers in the tabs below.
Contribution Margin
Break Even Point
Calculate Junipers contribution margin per unit and contribution margin ratio. Note: Round your "Unit Contribution Margin" answer to 2 decimal places.
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Part 2
If the companys fixed costs total $12,834, determine how many clocks Juniper must sell to break even. Note: Round your "Unit Contribution Margin" to 2 decimal places.
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