Question: The following information relates to the only product sold by

The following information relates to the only product sold by Harper Company:
Sales price per unit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $24
Variable cost per unit . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18
Fixed costs per year . . . . . . . . . . . . . . . . . . . . . . . . . .. 240,000
a. Compute the contribution margin ratio and the dollar sales volume required to break even.
b. Assuming that the company sells 75,000 units during the current year, compute the margin of safety sales volume (dollars).


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  • CreatedApril 17, 2014
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