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Compute the break-even point in sales dollars

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Reference no: EM132894885

Question - Hardee Company sells a single product. The selling price is $30 per unit and the variable expenses are $18 per unit. The company's most recent annual income statement is given below:

Sales (4,500 units) $135,000

Less variable expenses 81,000

Contribution margin 54,000

Less fixed expenses 48,000

Net Income $6,000

Required -

A. Compute the contribution margin per unit?

B. Compute the CM ratio?

C. Compute the break-even point in sales dollars?

D. Compute the break-even point in units sold?

Reference no: EM132894885

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