The following data are available for a product manufactured and sold by Logan Company: Maximum capacity with present facilities... 40,000 units Total fixed cost (per period)... $468,000 Variable cost per unit... $128 Sales price per unit.. $212 Compute the following: a. Contribution margin per unit: $ b. Number of units that must be sold to break-even: units C. Dollar sales volume to produce income of $864,000 before taxes: $

The following data are available for a product manufactured and sold by Logan Company: Maximum capacity with present facilities... 40,000 units Total fixed cost (per period)... $468,000 Variable cost per unit... $128 Sales price per unit.. $212 Compute the following: a. Contribution margin per unit: $ b. Number of units that must be sold to break-even: units C. Dollar sales volume to produce income of $864,000 before taxes: $

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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