Question
Stonebraker Corporation has provided the following contribution format income statement. All questions concern situations that are within the relevant range. Sales (9,000 units) $270,000 Variable
Stonebraker Corporation has provided the following contribution format income statement. All questions concern situations that are within the relevant range. Sales (9,000 units) $270,000 Variable expenses 189,000 Contribution margin 81,000 Fixed expenses 67,500 Net operating income $13,500 What is the margin of safety in dollars? 2 points
What is the degree of operating leverage? 2 points What is the contribution margin per unit?
1 point What is the breakeven quantity? 2 points Estimate how many units must be sold to achieve a target profit of $26,100. 2 points ans me within 10 minutes
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