FINANCIAL+MANAG.ACCT.(LOOSE)-W/CONNECT
9th Edition
ISBN: 9781266419607
Author: Wild
Publisher: MCG CUSTOM
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Narchie sells a single product for $40. Variable
costs are 80% of the selling price, and the
company has fixed costs that amount to
$152,000. Current sales total 16,000 units. What
is the break-even point in units?
A company sells 32,000 units at $25 per unit. The variable cost
per unit is $20.50, and fixed costs are $52,000.
(a) Determine the contribution margin ratio.
(b) Determine the unit contribution margin.
(c) Determine the income from operations.
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