I cannot figure this out, all my friends have different answers. :/ I will upload my screenshot of my answers from Excel. the formulas we are using are:

CM = SP - VC BE = FC / CM

My Answers:

The New Line Jeans Company sells jeans for $50.00 per pair. The costs are as follows: Material $20.00/pair Jeans Labour Costs: $1.25/pair jeans Rent $400/month Insurance $1200/year Salaries $700/month Business License $72/year a) What is the Contribution Margin? b) What is the break-even point in units? Revenue? c) What will be the Net Income at 42 jeans sold? 50 sold? d) If the Fixed Costs and the Variable Costs stay the same, what will be the break-even point if there is a decrease of $3.00 in the Selling Price of the jeans? $ 1,206.00 Month: $ Fixed Costs: Year: 1,100.00 $ Variable Costs: Material Labour $ 20.00 $ 1.25 $ 21.25 Charge: $ 50.00 New charge: $ 47.00 New con.Mgn $ 25.75 1,272.00 $ Con. Mgn Break Even in Units Revenue Net income @ 42 Net Income @ 50 New Break Even $ $ $ 28.75 41.95 2,097.50 2,100.00 2,500.00 47