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Use the following information to answer the question: Selling price per unit $200 Variable manufacturing costs per unit $ 50 Fixed manufacturing costs per unit
Use the following information to answer the question:
Selling price per unit
$200
Variable manufacturing costs per unit
$ 50
Fixed manufacturing costs per unit
$ 60
Variable selling costs per unit
$ 40
Fixed selling costs per unit
$ 20
Expected production and sales
800 units
Breakeven for the product (rounded to the nearest whole unit)is:
Select one:
a.
1,280 units
b.
800 units
c.
711 units
d.
582 units
Contribution margin ratio is:
Select one:
a.
75%
b.
55%
c.
45%
d.
15%
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