American Steel manufactures a single product that sells for 190 per unit and whose variable costs are 152 per unit. the companies annual fixed costs are 562,400.

a) Prepare a contribution margin income statement at the break even point.

b) if the company's fixed costs increase by 133,000 what amount of sales in dollars is needed to break even?

Answer rating: 100% (QA)

Answer 1 firstly we need to calculate sales at Breakeven puink Sales Fixed Costs C... View the full answer