Rubber and steel company is planning to manufacture a new product. The variable manufacturing costs...
70.2K
Verified Solution
Link Copied!
Question
Accounting
Rubber and steel company is planning to manufacture a new product. The variable manufacturing costs will be $61 per unit and the fixed cost are estimated to be 5764. The selling price of the product is to be $130 per unit. Variable selling expenses is expected to be $25 per unit.
a) The contribution margin per unit is [. ]. ( give a whole number)
b) The contribution rate is []% ( Round two decimal places as needed)
c) The even point is[] units. ( Round up the nearest unit)
d) The break even point in sales dollar is [] ( Type a whole number)
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
