Question: Nora Inc. sells a single product for $25. Variable costs include $8.75 for each unit plus a 10 % sales commission. Fixed costs are $162,250
Nora Inc. sells a single product for $25. Variable costs include $8.75 for each unit plus a 10 % sales commission. Fixed costs are $162,250 per month. a. What is the contribution margin percentage? 55% Contribution Margin b. What is the break-even sales revenue? Break-Even Sales Revenue 295,000 c. What sales revenue is needed to achieve a $120,450 per month profit? Total Sales Revenue Needed
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