Homework Answers
4. Answer: b.$6.00
Calculations:
| Sales | $70,000 |
| (Less): Variable cost | ($28,000) |
| Contribution margin | $42,000 |
| ÷ Number of units sold | 7,000 |
| = Contribution margin per unit | $6.00 |
.
5. Answer:a. 2,000 units
Calculations:
| Fixed costs | $12,000 |
| ÷ Contribution margin per unit | $6.00 |
| = Break even point in volume | 2,000 units |
.
6.Answer:e. 12,000 units
Calculations:
| Fixed costs | $12,000 |
| Add: Desired operating profit | $60,000 |
| Total | $72,000 |
| ÷ Contribution margin per unit | $6.00 |
| = Number of units required to be sold | 12,000 units |
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Answer the following question(s) using the information below. Burger Bob's Boathouse sells only one product. 7,000...
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answer with details or by law
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