A company produces shirts and sells them on average at $ 40 with a marginal contribution of
Fantastic news! We've Found the answer you've been seeking!
Question:
A company produces shirts and sells them on average at $ 40 with a marginal contribution of 32%. If the total fixed costs is $ 300,000:
a) What is the equilibrium point?
b) How many units must be sold to earn $ 95,000?
Related Book For
Cornerstones of Financial and Managerial Accounting
ISBN: 978-1111879044
2nd edition
Authors: Rich, Jeff Jones, Dan Heitger, Maryanne Mowen, Don Hansen
Posted Date: