Question 17(1 point)

Richmond Company manufactures a product that sells for $50 per unit. Richmond incurs a variable cost per unit of $35 and $2,400,000 in total fixed costs to produce this product. They are currently selling 200,000 units. Contribution margin per unit is:

Question 17 options:

Save

Question 18(1 point)

Richmond Company manufactures a product that sells for $50 per unit. Richmond incurs a variable cost per unit of $35 and $2,400,000 in total fixed costs to produce this product. They are currently selling 200,000 units. The breakeven point in dollars is:

Question 18 options:

Save

Question 19(1 point)

Richmond Company manufactures a product that sells for $50 per unit. Richmond incurs a variable cost per unit of $35 and $2,400,000 in total fixed costs to produce this product. They are currently selling 200,000 units. The margin of safety in dollars is:

Question 19 options:

Save

Question 20(1 point)

Richmond Company manufactures a product that sells for $50 per unit. Richmond incurs a variable cost per unit of $35 and $2,400,000 in total fixed costs to produce this product. They are currently selling 200,000 units. The number of units that must be sold in order to generate net income of $300,000 is: