Maurice Tutor

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    Argosy University/ Phoniex University/
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    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 12 Jul 2017 My Price 3.00

Break-Even Point and Target Profit

Break-Even Point and Target Profit Measured in Units (Single Product). Nellie Company has monthly fixed costs totaling $100,000 and variable costs of $20 per unit. Each unit of product is sold for $25. Required:

a. Calculate the contribution margin per unit.

b. Find the break-even point in units. c. How many units must be sold to earn a monthly profit of $40,000?

 

Answers

(5)
Status NEW Posted 12 Jul 2017 11:07 PM My Price 3.00

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