Need help with #2Homework Answers
Solution 2:
Contribution margin per unit = $60 - $40 = $20 per unit
Nos of units to be sold to earn desire profit = (Fixed cost +Desired profit) / Contribution margin per unit
= ($600,000 + $80,000) / $20
= 34000 units
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Need help with #2
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for $161 per unit, and variable costs are $109 per unit. The
company expects sales of 10,000 units. Prepare a contribution
margin income statement for the year ended December 31, 2019.
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