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Raven Ltd. makes phone cases that retail for $20 each. For the coming year, Raven expects fixed costs to be $140,000 and variable costs to
Raven Ltd. makes phone cases that retail for $20 each. For the coming year, Raven expects fixed costs to be $140,000 and variable costs to be $6 per case.
Round UP to the nearest $ or unit (we will always round up in break-even analysis!!)
(a) Calculate the contribution margin per case. $ /phone case?
(b) Calculate the contribution margin ratio?
(c) Calculate the break-even point in dollars?
(d) Calculate the break-even point in units. phone cases ?
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