Assume Torso Company has fixed costs of $132,000, a unit variable cost of $59, and a...

 

Transcribed Image Text:

Assume Torso Company has fixed costs of $132,000, a unit variable cost of $59, and a contribution margin ratio of 35%. How much is break-even sales in dollars? (Enter your answer in whole dollars, with a comma, and no dollar sign. For example, if your answer is 123456.34, enter your answer like this: 123,456) How much is unit selling price? (Enter your answer with two decimal places and no dollar sign. For example, if your answer is 53.367, enter your answer like this: 53.37) How much is unit contribution margin? (Enter your answer with two decimal places and no dollar sign. For example, if your answer is 53.367, enter your answer like this: 53.37) How much is break-even point in units? (Enter your answer as whole unit, no decimals, no dollar sign, and add a comma between the hundreds and thousands. For example, if your answer is 1234, enter your answer like this: 1,234) Assume Torso Company has fixed costs of $132,000, a unit variable cost of $59, and a contribution margin ratio of 35%. How much is break-even sales in dollars? (Enter your answer in whole dollars, with a comma, and no dollar sign. For example, if your answer is 123456.34, enter your answer like this: 123,456) How much is unit selling price? (Enter your answer with two decimal places and no dollar sign. For example, if your answer is 53.367, enter your answer like this: 53.37) How much is unit contribution margin? (Enter your answer with two decimal places and no dollar sign. For example, if your answer is 53.367, enter your answer like this: 53.37) How much is break-even point in units? (Enter your answer as whole unit, no decimals, no dollar sign, and add a comma between the hundreds and thousands. For example, if your answer is 1234, enter your answer like this: 1,234)

Answer rating: 100% (QA)

Breakeven sales in dollars 377143 Unit selling price 9077 Unit contribution margin 317... View the full answer