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The following information relates to the only product sold by Mastrolia Manufacturing. Sales price per unit Variable cost per unit Fixed costs per year
The following information relates to the only product sold by Mastrolia Manufacturing. Sales price per unit Variable cost per unit Fixed costs per year 27 259,000 a. Compute the contribution margin ratio and the dollar sales volume required to break even. b. Assuming that the company sells 20,000 units during the current year, compute the margin of safety (in dollars). Answer is complete but not entirely correct. Contribution margin ratio 40 Break even sales dollars $ 645,000 ( b. Margin of safety (in dollars) $ 172,500 (
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