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Kiran Industries produces and sells pulsometer. Information regarding the costs and sales of pulsometer during September 2020 are provided below: Unit selling price $ 250
Kiran Industries produces and sells pulsometer. Information regarding the costs and sales of pulsometer during September 2020 are provided below:
Unit selling price | $250 |
Unit variable costs | 95 |
Total monthly fixed costs | 570,000 |
Units sold | 4,000 units |
Required:
a) Contribution margin in units and as ratio
b) Calculate Break even points in units and in dollars
c) Calculate margin of safety
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