Homework Answers
| Total $ | Per Unit $ | |
| Sales | $ 950000 | $10.00 |
| COGS (Variable) | $ 150000 | $1.58 |
| Contribution Margin | $ 800000 | $8.42 |
| COGS (Fixed) | $ 350000 | |
| Selling & Admin. | $ 260000 | |
| Net Income | $ 190000 |
| Desired Metric | Formula | Answer |
| CM Ratio | CM/Sales | 84.21% |
| Break-even Units | FE/Per Unit CM | 72,437.50, can be rounded to 72,438 |
| Break-even Sales | Break-even units x SP | $724.380 |
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