Question
The following information is presented for the year-end reporting for Alcoy, LLC: Sales Price per Unit $24, Total Fixed Costs 150,000, Variable Cost per Unit
The following information is presented for the year-end reporting for Alcoy, LLC: Sales Price per Unit $24, Total Fixed Costs 150,000, Variable Cost per Unit 8, Total Units Sold 14,000. How much is the Total Sales Revenue? How much is the Total Variable Cost? How much is the Total Contribution Margin in Dollars? How many Units need to be sold at $24 each to reach Break-even Point?
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Managerial Accounting
Authors: James Jiambalvo
4th edition
9780470546888, 9780470333341, 470546883, 470333340, 978-0470578797
