Information concerning a product produced by Perez Company appears as follows. Sales price per unit Variable cost per unit Total annual fixed manufacturing and operating costs Required Determine the following: $ 156 $ 83 $ 503,700 a. Contribution margin per unit. b. Number of units that Perez must sell to break even. c. Sales level in units that Perez must reach to earn a profit of $102,200. a. Contribution margin per unit b. Break-even in units c. Required sales in units

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Information concerning a product produced by Perez Company appears as follows.
Sales price per unit
Variable cost per unit
Total annual fixed manufacturing and operating costs
Required
Determine the following:
$ 156
$ 83
$ 503,700
a. Contribution margin per unit.
b. Number of units that Perez must sell to break even.
c. Sales level in units that Perez must reach to earn a profit of $102,200.
a. Contribution margin per unit
b. Break-even in units
c. Required sales in units
Transcribed Image Text:Information concerning a product produced by Perez Company appears as follows. Sales price per unit Variable cost per unit Total annual fixed manufacturing and operating costs Required Determine the following: $ 156 $ 83 $ 503,700 a. Contribution margin per unit. b. Number of units that Perez must sell to break even. c. Sales level in units that Perez must reach to earn a profit of $102,200. a. Contribution margin per unit b. Break-even in units c. Required sales in units
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