jay001
Apr 8, 2011, 08:33 PM
Calculate the unknowns for the following situations based on the given data.
Actual total sales revenue $400,000
Total fixed cost $75,000
Unit variable cost $15
Contribution margin ratio 40%
Calculate the:
a)Â Â Â breakeven point in dollars
b)Â Â Â unit selling price
c)Â Â Â unit contribution margin
d)Â Â Â breakeven point in units
e)Â Â Â margin of safety
Actual total sales revenue $400,000
Total fixed cost $75,000
Unit variable cost $15
Contribution margin ratio 40%
Calculate the:
a)Â Â Â breakeven point in dollars
b)Â Â Â unit selling price
c)Â Â Â unit contribution margin
d)Â Â Â breakeven point in units
e)Â Â Â margin of safety