In 2016, Manhoff Company had a break-even point of $341,000 based on a selling price of...
In 2016, Manhoff Company had a break-even point of $341,000 based on a selling price of $5 per unit and fixed costs of $171,000. In 2017, the selling price and the variable costs per unit did not change, but the break-even point increased to $437,000.
Compute the variable costs per unit and the contribution margin ratio for 2016.
AND
Compute the increase in fixed costs for 2017.
Homework Answers
1. Break even sales = {Fixed expense /(sales - variable cost)}* sales
341000 = {171000/(5-variable cost per unit)}*5
Variable cost per unit = 2.51
Contribution margin ratio = ((5-2.51)/5 = 49.8%
2. Increase in break even = 437000-341000 = $96000
Increase in fixed cost = 96000*49.8% = 47808
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