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Ruestion 18 Not yet answered Marked out of 50.00 P Flag question 7. Mahogany Chocolates sells quality chocolates for $120 per box. Total fixed expenses
Ruestion 18 Not yet answered Marked out of 50.00 P Flag question 7. Mahogany Chocolates sells quality chocolates for $120 per box. Total fixed expenses are $5,250 per month and variable expenses involved in manufacturing this product is $50 per box. The relevant range is from 0 to 3,000 boxes. Required: a) Unit Contribution Margin (5 marks) b) Contribution Margin Ratio(5 marks) c) Compute break-even point of the company in units (use any method) (8 marks) d) Compute the break-even point in dollars using the contribution margin ratio approach (8 marks) e) Compute the boxes of chocolates to be sold to earn a net operating income of $3,500 per month. (8 marks) 0 Determine the Contribution Margin for the month if 165 boxes are sold (8 marks)
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