Q30:

In June, Wisc Co. rented out 150 bulldozers at an average price of 5,000 each. During the month, fixed costs were 350,000 and variable costs were 65% of sales. Calculate the contribution margin (ratio):

_________% <--- Answer

Q31: In June, Wisc Co. rented out 150 bulldozers at an average price of 5,000 each. During the month, fixed costs were 350,000 and variable costs were 65% of sales. Using the contribution margin ratio from Question 30, compute the break-even sales in dollars. $ _________________ <--- Answer