Homework Answers
| Contribution Margin Ratio = (sales Price- variable cost per unit )/ Sales Price | ||||
| = ( $40-14) /40 | ||||
| =65 % | ||||
| Break-even Point In Unit = Fixed Cost/ Contribution Margin ratio | ||||
| = $19500/0.65 | ||||
| = $ 30000 | ||||
| Total sale value = break-even point + margin of safety | ||||
| =$30000+20600 | ||||
| =$50600 | ||||
| Number of units sold = $50600/$40 | ||||
| =1265 | ||||
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