Incline Company generated $4,900,000 in revenue selling 4,025 units of its only product. Each unit has a contribution margin of $280. The company has fixed costs of $125/unit at the current production volume (assume unit production volume equals unit sales volume).

a. What is the contribution margin ratio for Incline’s product? Answer %

b. Calculate the break-even point in revenue for Incline?

Answer rating: 100% (QA)

To answer the questions we can use the following formulas a Contribution Mar... View the full answer