Testbank Exercise 2 The New Age Pet Store sells Diva Doggie pet waste disposal systems for $45 each. The systems include the unit and a one-year supply of enzyme digester waste terminator. The cost of the unit and enzyme is $32.40. The only other costs are fixed costs of $1,890. During the current period, New Age sold 560 of the units through the store's new on-line catalog division.
Don't show me this message again for the assignment
What is the contribution margin per unit? (Round answer to 2 decimal places, e.g. 1.64.)
What is the contribution margin ratio?
What is the breakeven point in units? In dollars?
What is the margin of safety in units? In dollars?