Perfect Stampers makes and sells aftermarket hub caps. The variable cost for each hub cap is $4.75, and the hub cap sells for $9.95. Perfect Stampers has fixed costs per month of $3,120. Compute the contribution margin per unit and break-even sales in units and in dollars for the month. Round the contribution margin per unit to two decimal places. Contribution margin $fill in the blank 1   Break even sales in units fill in the blank 2 units Break even sales in dollars $fill in the blank 3

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Perfect Stampers makes and sells aftermarket hub caps. The variable cost for each hub cap is $4.75, and the hub cap sells for $9.95. Perfect Stampers has fixed costs per month of $3,120.

Compute the contribution margin per unit and break-even sales in units and in dollars for the month. Round the contribution margin per unit to two decimal places.

Contribution margin $fill in the blank 1  
Break even sales in units fill in the blank 2 units
Break even sales in dollars $fill in the blank 3
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