Information concerning a product produced by Finn Company appears here: Sales price per unit .......................................... $180 Variable

Question:

Information concerning a product produced by Finn Company appears here:
Sales price per unit .......................................... $180
Variable cost per unit ....................................... $120
Total fixed manufacturing and operating costs ........... $780,000
Required
Determine the following:
a. per unit.
b. Number of units Finn must sell to break even.
c. Sales level in units that Finn must reach in order to earn a profit of $240,000.
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...