A company has total fixed costs of $210,000 and a contribution margin ratio of 35%. How much sales are necessary to break even?
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- The following data is available for a company: Fixed costs $180,000 | | Selling price $75.00 | | Variable costs $32.50 | | Direct labor rate | $15.00 per hour [ What is the contribution margin?A company has fixed costs of $320,000 and a contribution margin per unit of $15. If the company wants to earn income of $40,000, how many units must be sold?Currently, a company has fixed costs of P32,500, a contribution ratio of 65%, and is selling its product for P12 per unit. If the sales price per unit is increased by P4, how much less will the break-even point in sales be when compared to the current condition? a.P14,411 b.P13,414 c.P17,500 d.P 5,932