Question
MNO has the following operational data for 2014 and use the information to answer questions 34, 35, 36, and 37. Selling Price of MNOs Product
MNO has the following operational data for 2014 and use the information to answer questions 34, 35, 36, and 37.
Selling Price of MNOs Product is $40 per unit. Variable Cost is $10 per unit. Its Fixed Cost is $24,000. Based on the above information, answer the questions that follow:
34. What is the contribution Margin? Show computation.
- What is the Contribution Margin Ratio? Show computation.
- What is the break-even point in dollars? Show computation.
- If MNOs wants a target profit of $6,000 for the period. What will be MNOs NEW Break-Even Point assuming that the other data remain the same .
Show computation.
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Behavioural Public Finance Individuals, Society, And The State
Authors: M Mustafa Erdogdu
1st Edition
0367631202, 9780367631208
