Thomas Train has collected the following information over the last six months.
Month Units produced Total costs
March 10,000 $25,600
April 12,000 26,200
May 19,800 29,600
June 13,000 26,450
July 12,000 26,000
August 15,000 26,500
Using the high-low method, what is the variable cost per unit? Your Answer:
Winny's Office Furniture has a contribution margin ratio of 16%. If fixed costs are $178,300, how many dollars of revenue must the company generate in order to reach the break-even point?
Assume Sparkle Co. expects to sell 150 units next month. The unit sales price is $100, unit variable cost is $30, and the fixed costs per month are $5,000. The margin of safety is: