Selling price per unit $ 19.50

Fixed Expenses

Selling and Administration $ 13,050

Interest Expenses $ 4,250

Variable Expenses per unit

Cost of Goods Sold $6.35

Selling and Administrative $ 5.75

1. 1. What is the companys contribution margin?
2. 2. How many items the company must sell in order to break even? What is it in dollars term?
3. 3. At the end of the month, instead of breaking even, the company would like register a profit that is 60 % off Interest expenses amount, what number of units must they sell?