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Question 4(35 marks) You are given the following information about Latin Corp.: Breakeven point in revenues =$1,500,000. Fixed costs are =$600,000. a-Compute the contribution margin

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Question 4(35 marks) You are given the following information about Latin Corp.: Breakeven point in revenues =$1,500,000. Fixed costs are =$600,000. a-Compute the contribution margin percentage ( 10 marks) b-Compute the selling price if variable costs are $15 per unit( 12.5 marks) c-Suppose 80000 units are sold. Compute the margin of safety in units and dollars. ( 12.5 marks)

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