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Home Q & A Board Other Fields Homework Help Business Accounting
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ejoty ejoty
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A year ago
Bivouac Camping Supply sells harsh weather tents. The company has the following income statement.

Sales ($1,000 per unit)​$200,000
Less Cost of Goods sold ($475 per unit)​   95,000
Gross margin​105,000
Less Operating costs​​
  Salaries$40,000​
  Advertising10,000​
  Sales commissions ($5 per unit)1,000​
  Shipping ($20 per unit)    4,000   55,000
Operating income​$  50,000

Required:

a.What is the contribution margin per unit?
b.What is the contribution margin ratio?
c.What is the break-even point in units? In sales dollars?
d.What is the margin of safety in units? In dollars?
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Managerial Accounting

Managerial Accounting


Edition: 4th
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jarste123jarste123
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A year ago
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ejoty Author
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this is exactly what I needed
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Helped a lot
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This calls for a celebration Person Raising Both Hands in Celebration
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