Question
The following information is for a product manufactured and sold by Drake Company: Sales price per unit: $200 Variable cost per unit: $60 Total annual
- The following information is for a product manufactured and sold by Drake Company:
Sales price per unit: $200
Variable cost per unit: $60
Total annual fixed costs: $700,000
Required:
1) Calculate the contribution margin per unit.
2) How many units must Crane sell to break-even?
3) How many units must Crane sell to achieve a profit of $35,000?
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The Auditory Culture Reader
Authors: Michael Bull, Les Back
2nd Edition
1472569024, 978-1472569028
