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The following information describes a product expected to be produced and sold by Pepin Corporation:
Selling price - $32 per unit
Variable Cost - $27 per unit
Total fixed cost- $850,000 per year
(a) Calculate the contribution margin per unit.
(b) Calculate the break-even point in units.
(c) Calculate the break-even sales dollars.
(d) Calculate the required units to make a profit of $450,000.
please answer all 4 - thank you in advance!
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