Question: Price 10 Fixed Cost 12,000 Unit Variable Cost 8 Solution Complete the chart below: Units Total Fixed Costs Total Variable Costs Total Costs Total Revenue

Price 10 Fixed Cost 12,000 Unit Variable Cost 8 Solution Complete the chart below: Units "Total Fixed Costs" "Total Variable Costs" "Total Costs" "Total Revenue" Profit 1,000 12,000 3,000 12,000 5,000 12,000 7,000 12,000 9,000 12,000 What is the unit contribution margin? What is the contribution margin ratio? What is the break-even point in units?

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