Question
Use the following to answer the following questions: Famighetti Company's income statement for the most recent year appears below: Sales (20,000 units)........................................ $600,000Less: Variable expenses.....................................360,000
Use the following to answer the following questions:
Famighetti Company's income statement for the most recent year appears below:
Sales (20,000 units)........................................ $600,000Less: Variable expenses.....................................360,000 Contribution margin....................................... 240,000Less: Fixed expenses.........................................242,000Net operating loss.......................................$(2,000)
1. The unit contribution margin is: _______________________
2. The break-even point in sales dollars is: _________________
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