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Leon Co. a manufacturer of office equipment had the following data for year 2020 . Sales 2400 units Selling Price $40 per unit Variable Cost
Leon Co. a manufacturer of office equipment had the following data for year 2020
. Sales 2400 units Selling Price $40 per unit Variable Cost $15 per unit Fixed Costs $19,500 You are required to calculate:
i. Contribution Margin per unit (1 mark)
ii. Break-even point in unit and in dollars (2 marks)
iii. Margin of safety in unit and in dollars (2 marks)
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