Madlock, Inc. sells a product with a contribution margin of $10 per unit. Fixed costs are $1,800 per month. How many units must Madlock sell to break even? D Begin by showing the formula and then entering the amounts to calculate the units Madlock must sell to break even. (Abbreviation used: CM = contribution man fields. Enter a "0" for items with a zero value.) Fixed costs + Target profit)+ CM per unit Required sales in units
Madlock, Inc. sells a product with a contribution margin of $10 per unit. Fixed costs are $1,800 per month. How many units must Madlock sell to break even? D Begin by showing the formula and then entering the amounts to calculate the units Madlock must sell to break even. (Abbreviation used: CM = contribution man fields. Enter a "0" for items with a zero value.) Fixed costs + Target profit)+ CM per unit Required sales in units
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:Madlock, Inc. sells a product with a contribution margin of $10 per unit. Fixed costs are $1,800 per month. How many units must Madlock sell to break even?
Begin by showing the formula and then entering the amounts to calculate the units Madlock must sell to break even. (Abbreviation used: CM = contribution margin. Complete all input
fields. Enter a "0" for items with a zero value.)
Target profit ) =
Fixed costs ▼
+
+
HH
CM per unit
TOD
Carmen
Required sales in units
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