| break even, contribution margin ratio
Annual Revenue $375,000
Avg Contribution Margin Ratio 32%
Fixed Expense $150,000
Using the info below, the company is planning on adding a new product that costs $9.52 of variable costs per unit. Calculate the selling price that will be required if this product is not to affect the average contribution margin ratio.
This is what I have so far but now I am stuck, could someone point me in the right direction.
Revenue $ x/unit Volume y = $375,000
Variable Exp. $9.52/unit
Cont Margin Ratio = $120,000 32%
Fixed Exp = $150,000
| 
Linear Mode
