Question
Juniper had revenues of $469,000 in March. Fixed costs in March were $268,620 and profit was $40,920. a. What was the contribution margin percentage? b.
Juniper had revenues of $469,000 in March. Fixed costs in March were $268,620 and profit was $40,920.
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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Financial Accounting Concepts And Applications
Authors: K. Fred Skousen, James D. Stice, Earl Kay. Stice, W. Steve Albrecht
7th Edition
0538876255, 978-0538876254
