Malden, Inc. sells a product with a contribution margin of $60 per unit. Fixed costs are $10,500

Question:

Malden, Inc. sells a product with a of $60 per unit. Fixed costs are $10,500 per month. How many units must Malden sell to earn an operating income of $15,000?
Contribution Margin
Contribution margin is an important element of cost volume profit analysis that managers carry out to assess the maximum number of units that are required to be at the breakeven point. Contribution margin is the profit before fixed cost and taxes...