Jefferson Company reported the following information for September: variable costs . . . . . . .
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Question:
Jefferson Company reported the following information for
September:
variable costs .................... $26 per unit
fixed costs ....................... $156,000
contribution margin ratio .........60%
margin of safety .................. $650,000
For the month of October, Jefferson Company expects its
variable costs to increase by $1 per unit and its fixed
costs to increase by $40,000.
Calculate the selling price per unit of Jefferson Company's
product needed in October in order to maintain the same
break−even point in units as in September.
Related Book For
Fundamental Managerial Accounting Concepts
ISBN: 978-0078110894
6th Edition
Authors: Edmonds, Tsay, olds
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