Question: Below is a contribution format income statement for last month when Hill Corp made and sold 20,000 units. Sales (20,000 units) $1,000,000 Variable Expense 600.000
Below is a contribution format income statement for last month when Hill Corp made and sold 20,000 units. Sales (20,000 units) $1,000,000 Variable Expense 600.000 Contribution Margin 400,000 Fixed Expense 200.000 Net operating income 200,000 Hillis contemplating lowering the sales price by $10 per unit from $50.00 each to $40.00 each to increase sales. If all other costs remain the same, how many units will Hill need to sell to break even if the price is lowered by $10
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