Practice $10$

Remark: The answers should demonstrate the

process of how to obtain the results.

Based on the given figures,

please compute the

company's contribution

margin ratio $($a percentage of

sales or revenues$)$ and the

break$-$even point in dollars.

If the company wants to earn

a profit of $$35,000$ at the unit

selling price $$31,$ what is the

quantity of sales the

company must achieve?