Perfect Fit Company sells hand-sewn shirts for $40 per shirt. It incurs monthly fixed costs of $5,000.

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Perfect Fit Company sells hand-sewn shirts for $40 per shirt. It incurs monthly fixed costs of $5,000. The contribution margin ratio is calculated to be 20%.

What is the breakeven point in units?

A) 950 units

B) 1,750 units

C) 1,125 units

D) 625 units

Related Book For answer-question

Construction accounting and financial management

ISBN: 978-0135017111

2nd Edition

Authors: Steven j. Peterson

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Posted Date: Jun 25, 2018 09:50 AM

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Perfect Fit Company sells hand-sewn shirts for $40 per shirt. It incurs monthly fixed costs of $5,000.

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D 625 units Explanation Required sales in ... View the full answer

Construction accounting and financial management

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