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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 margin105,000
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?
Textbook 
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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A year ago
Just got PERFECT on my quiz
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You make an excellent tutor!
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Helped a lot
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