Calculate the contribution margin per unit calculate


CONTRIBUTION MARGIN, CONTRIBUTION MARGIN RATIO, BREAK-EVEN POINT IN UNITS, BREAK-EVEN SALES REVENUE

Next year, Jefferson Company expects to sell 140,000 units at $7.60 each. Variable costs are 60 percent of sales price. Fixed costs total $349,600.

Required:

1. Calculate the contribution margin per unit.

2. Calculate the break-even point in units.

3. Calculate the break-even sales revenue.

4. Prepare an income statement for Jefferson at break even.

Request for Solution File

Ask an Expert for Answer!!
Financial Accounting: Calculate the contribution margin per unit calculate
Reference No:- TGS01249513

Expected delivery within 24 Hours