Question
The following information about the cost of structure of Vicknair Clinic is provided: Unit price $10 Unit variable cost $6 Total fixed costs $10,000 Please
The following information about the cost of structure of Vicknair Clinic is provided:
Unit price $10
Unit variable cost $6
Total fixed costs $10,000
Please answer the following questions:
1) The unit contribution margin to the nearest whole cent is?
2) The contribution margin ratio to the nearest whole percent is?
3) The breakeven point to the nearest whole unit is?
4) The number of units to the nearest whole unit to earn a before tax profit of $3,400 is?
5) The clinic's degree of operating leverage at 3,000 units sold to the closest integer value is?
6) The clinic's degree of operating leverage at 3,500 units sold is less than the degree of operating leverage at 3,000 units sold: True or false?
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