Information concerning a product produced by Ender Company appears here: Sales price per unit $ 200 Variable cost per unit $ 80 Total annual fixed manufacturing and operating costs $ 600,000

Required

Determine the following:

a. Contribution margin per unit.

b. Number of units that Ender must sell to break even.

c. Sales level in units that Ender must reach to earn a profit of $240.000.

d. Determine the margin of safety in units, sales dollars. and as a percentage. (Round "Percentage" answer to 1 decimal place. (i.e., .234 should be entered as 23.4).)

Transcribed Image Text:

Contribution margin per unit Break-even in units Sales in units Margin of safety Units Sales Percentage % Contribution margin per unit Break-even in units Sales in units Margin of safety Units Sales Percentage %

Answer rating: 100% (QA)

1 Solution Contribution margin per unit 120 per unit Working Contribution margin per uni... View the full answer