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    Jprincess's Avatar
    Jprincess Posts: 1, Reputation: 1
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    #1

    Nov 1, 2009, 02:25 PM
    breakeven/contribution margin
    Blankinship inc. sells single products. The company most recent income statement is given below.

    sales $200,000
    less variable expenses (120,000)

    contribution margin 80,000
    less fixed expenses (50,000)

    Net income $30,000

    find the:
    1.contribution margin ratio

    2. breakeven point in total sales dollars
    3. to achieve $40,000 in net income, sales must total
    4 if sales increase by $50,000 net income will increase by
    morgaine300's Avatar
    morgaine300 Posts: 6,561, Reputation: 276
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    #2

    Nov 1, 2009, 11:57 PM

    Please check the guidelines for posting homework problems at the top of this forum in red. We do not just do your homework for you. Please post your attempts at doing it first.
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