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Use this information to answer questions 12 through 14: SHOW YOUR WORK Selling price per unit $ 17 Fixed expenses Selling & administrative Interest expense
Use this information to answer questions 12 through 14: SHOW YOUR WORK Selling price per unit $ 17 Fixed expenses Selling & administrative Interest expense $ 130,000 $10,000 Variable expenses Cost of goods sold Selling & administrative $ 4 $3 12. What is the company's contribution margin? 13. What is the break-even point in units? 14. If the company wants to earn a profit of $50,000 instead of breaking even, what is the number of units the company must sell
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