Total Costs $150000 Total Fixed Costs Unknown Total Variable Costs $89000 Total Revenue $179000 Determine the total fixed costs (in dollars), Determine the profit earned (in dollars), Determine the contribution margin if the number of units sold were 100 units (in dollars) Determine the break even level of sales (do not include units in this answer).Mary is thinking of starting a business selling hand-knitted scarves. Total fixed costs are $20000 per month and unit variable costs are estimated at $30 per scarf. From some preliminary studies that she completed, she forecasts sales of 972 scarves at $51 each, 1080 scarves at $49 each, Mary can only select one of those 2 prices. What profit was earned at $51? What profit was earned at $49? What price should Mary charge?

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Lets tackle each question step by step 1 Determine the total fixed costs in dollars Given Total costs 150000 Total variable costs 89000 Total fixed co... View the full answer