Question
The following information is for a product manufactured and sold by Drake Company. Sales price per unit: $100 Variable cost per unit: $30 Total annual
The following information is for a product manufactured and sold by Drake Company.
Sales price per unit: $100
Variable cost per unit: $30
Total annual fixed costs: $350,000
Required:
1). Calculate the contribution margin per unit.
2). How many Units Crane sell to break-even?
3). How many units must Crane sell to achieve a profit of $35,000?
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The Quality Audit A Management Evaluation Tool
Authors: Charles A. Mills
1st Edition
0070424284, 978-0070424289
