Question
Juniper had revenues of $465,000 in March. Fixed costs in March were $274,040 and profit was $42,160. a. What was the contribution margin percentage? b.
Juniper had revenues of $465,000 in March. Fixed costs in March were $274,040 and profit was $42,160.
| a. | What was the contribution margin percentage? |
| b. | What monthly sales volume (in dollars) would be needed to break-even? |
| c. | What was the margin of safety for March? |
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Auditor Essentials 100 Concepts Tips Tools And Techniques For Success
Authors: Hernan Murdock
1st Edition
1138036919, 978-1138036918
