Question: Please do all Requirements Suppose St. John Corp.'s breakeven point is revenues of $1,500,000. Fixed costs are $720,000. Requirements 1. Compute the contribution margin percentage.

Please do all Requirements Suppose St. John Corp.'s breakeven point is

Please do all Requirements

Suppose St. John Corp.'s breakeven point is revenues of $1,500,000. Fixed costs are $720,000. Requirements 1. Compute the contribution margin percentage. 2. Compute the selling price if variable costs are $13 per unit. 3. Suppose 70,000 units are sold. Compute the margin of safety in units and dollars. 4. What does this tell you about the risk of St. John making a loss? What are the most likely reasons for this risk to increase? Requirement 1. Compute the contribution margin percentage. Determine the formula for the contribution margin percentage

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