Contribution margin, breakeven point, margin of safety. Dianne Company makes a product that sells for P160 per unit. Variable costs are P104 per unit, and fixed costs total P1,568,000 annually. The company sold 35,000 units during the current year. Required: 1. Unit contribution margin, contribution margin ratio, and variable cost ratio.
Contribution margin, breakeven point, margin of safety. Dianne Company makes a product that sells for P160 per unit. Variable costs are P104 per unit, and fixed costs total P1,568,000 annually. The company sold 35,000 units during the current year. Required: 1. Unit contribution margin, contribution margin ratio, and variable cost ratio.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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