Question: Question 2 (15 Marks) You are considering opening a copy service in the student union. You estimate your fixed cost at $14,000 and the variable

Question 2 (15 Marks) You are considering opening a copy service in the student union. You estimate your fixed cost at $14,000 and the variable cost of each copy sold at $0.01. You expect the selling price to average $0.05. Your expected sales is 400,000 copies. Required: a) What is the contribution margin? (3 marks) b) What is the break-even point in dollars? (4 marks) c) What is the break-even point in units? (4 marks) d) How many copies you need to sale to earn $10,000 profit? (4 marks)

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