Question
Ocugen Inc. sells a single product for $20. Variable costs include $6.00 for each unit plus a 10% sales commission. Fixed costs are $177,600 per
Ocugen Inc. sells a single product for $20. Variable costs include $6.00 for each unit plus a 10% sales commission. Fixed costs are $177,600 per month.
a. What is the contribution margin percentage?
b. What is the break-even sales revenue?
c. What sales revenue is needed to achieve a $126,600 per month profit?
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Accounting And Financial Management For Residential Construction
Authors: Emma Shinn
5th Edition
0867186356, 978-0867186352
