Able Company manufactures and sells boxes of envelopes. The company sold 50,000 boxes of envelopes, with revenue
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Able Company manufactures and sells boxes of envelopes. The company sold 50,000 boxes of envelopes, with revenue of $200,000, variable costs of $120,000, and operating income of $30,000.
a. What is the total contribution margin and what is the contribution margin per unit?
b. What are the total fixed costs?
c. What is the breakeven point in units?
d. What is the breakeven point in sales dollars?
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Related Book For
Managerial Accounting
ISBN: 9780137689453
1st Edition
Authors: Jennifer Cainas, Celina J. Jozsi, Kelly Richmond Pope
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