If the following information is given about a specific company. Selling price per unit $ 41.25 Fixed
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Question:
If the following information is given about a specific company. Selling price per unit $ 41.25
Fixed Expenses
Selling and Administration $ 37,330
Interest Expenses $ 14,250
Variable Expenses
Cost of Goods Sold $22.35
Selling and Administrative $ 9.2
(Show all work - Formula and calculations)
a. What is the company's contribution margin? What does it mean?
b. How many items the company must sell in order to break even? What is it in dollars term?
c. At the end of the month, instead of breaking even, the company registered a net loss of $12345, what number of units were sold?
Related Book For
Managerial accounting
ISBN: 978-0471467854
1st edition
Authors: ramji balakrishnan, k. s i varamakrishnan, Geoffrey b. sprin
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