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Determine the contribution margin in dollars and as a ratio

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Reference no: EM132794320

Question - Myra Ltd developed the following information for its product:

Per Unit $90 Variable cost $63 Total fixed costs Sales price $1,350,000

Required - Answer the following independent questions using the contribution margin technique to support your answers. Marks will be deducted if no workings are shown.

a) Determine the contribution margin in dollars and as a ratio.

b) How many units must be sold to break-even?

c) What is the break-even in dollars?

Reference no: EM132794320

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