The following information describes a product expected to be produced and sold by Pepin Corporation: Selling price.$32
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Question:
The following information describes a product expected to be produced and sold by Pepin Corporation:
Selling price……………………………………….$32 per unit
Variable costs……………………………………..$27 per unit
Total Fixed costs………………………………….$850,000 per year
Required:
(a) Calculate the contribution margin per unit.
(b) Calculate the break-even point in units.
Related Book For
Fundamental Accounting Principles
ISBN: 978-0078110870
20th Edition
Authors: John J. Wild, Ken W. Shaw, Barbara Chiappetta
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