Question: Calculate the following rations using the information below for the current month. It must be completed on Google SheetsLinks to an external site. or Excel.
Calculate the following rations using the information below for the current month. It must be completed on Google SheetsLinks to an external site. or Excel.
Lets assume that Fresno California Corporation sells its merchandise for $120 per unit. The variable cost per unit is $30. Fixed expenses for the company are $18,000 per month. The expected sales for the current month are to be $32,000.
Contribution Margin
Contribution margin ratio
Unit sales to break-even
Dollar sales to break-even
Margin of safety in dollars
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
