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Simple Seating Co., a manufacturer of chairs, had the following data for 2015: Sales 2,500 Units Sales Price $50 Variable Costs $10 Fixed Costs $24,000
Simple Seating Co., a manufacturer of chairs, had the following data for 2015:
Sales | 2,500 Units | |
Sales Price | $50 | |
Variable Costs | $10 | |
Fixed Costs | $24,000 |
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What is the contribution margin ratio?
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What is the break-even point in dollars?
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What is the margin of safety in dollars?
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