Question
Suppose a college canteen sells sandwiches for $5 each, with variable costs of $2 per sandwich. The canteen's fixed costs are $500 per week.
Suppose a college canteen sells sandwiches for $5 each, with variable costs of $2 per sandwich. The canteen's fixed costs are $500 per week. How much is the contribution margin per sandwich, and what is the breakeven point in terms of the number of sandwiches the canteen needs to sell each week to cover its fixed costs? Fixed Costs Sale price per unit Variable costs Contribution margin per unit Breakeven point in # of units 00000 |||||
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