FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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nformation concerning a product produced by Ender Company appears here:
Sales price per unit | $ | 159 | |
Variable cost per unit | $ | 78 | |
Total annual fixed manufacturing and operating costs | $ | 510,300 | |
Required
Determine the following:
- Contribution margin per unit.
- Number of units that Ender must sell to break even.
- Sales level in units that Ender must reach to earn a profit of $234,900.
- Determine the margin of safety in units, sales dollars, and as a percentage.
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