Question: pls help!!! - TBC estimates selling 5,000 case of your new drink line in the upcoming period. - Each case will retail for $45. -

- TBC estimates selling 5,000 case of your new drink line in the upcoming period. - Each case will retail for $45. - Variable cost per case total \$20. - Fixed costs for the period are expected to total $85,000. Management has requested the following calculations: - Based on estimated sales data: - Contribution margin per unit - Contribution margin ratio - Prepare a contribution margin statement - Required sales in dollars to achieve breakeven - Required sales quantity (units) to breakeven - Prepare a contribution margin income statement if the retail price decrease by 20% and the fixed costs increase by 10%. Organize your work in excel. Be sure things are properly labeled so management can understand the data being provided, You may use multiple tabs if you find it helpful
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
