Question: Hello I needed help with this problem. Please show work for each question Use data from the following contribution margin statement Sales Volume 100 units
Hello I needed help with this problem. Please show work for each question
Use data from the following contribution margin statement
Sales Volume 100 units
Revenues $5,000
Variable costs $2000
Contribution $3000
Margin
Fixed costs $2,400
Profit before taxes $600
Q1 Write down the Cost volume profit relation version 1 profit as a function of sales volume) Predict profit
Function as sales volume) Predict profit at sales of 110 units
Q2 What is the breakeven volume
Q3 at current sales of 100 units. How much is the margin of safety
Q4 At current sales of 100 units, how much is the operating leverage
This information is related to margin of safety and operations leverage
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