Answered: If selling price $300 per unit…

If selling price $300 per unit Variable cost $250 per unit Fixed cost $50000 Required: If selling price $300 per unit Variable cost $250 per unit Fixed cost $50000 Required:

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

If selling price $300 per unit

Variable cost $250 per unit

Fixed cost $50000

Required:

If selling price $300 per unit

Variable cost $250 per unit

Fixed cost $50000

Required:

d) Calculate the Contribution/Sales Ratio of the product.

e) Find the breakeven point in sales revenue.

f) Calculate the sales revenue that is required to generate a profit of $40000.

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