Determine the contribution margin in dollars per unit and

Assignment Help Accounting Basics

Reference no: EM13393501

In the month of September, Nixon Company sold 800 units of product. The average sales price was $30. During the month, fixed costs were $7,200 and variable costs were 60% of sales.

Required:

a) Determine the contribution margin in dollars, per unit, and as a ratio

b) Using the contribution margin technique, compute the break-even point in dollars and in

Reference no: EM13393501

Questions Cloud

Natural food nf limited is considering setting up a new : natural food nf limited is considering setting up a new farm. it is expected that the farm will generate annual

Paws lsquon tails is an online pet shop that wants to : 1 paws lsquon tails is an online pet shop that wants to influence what customers buy and build effective customer

1 how can common size statements be useful for comparison : 1. how can common size statements be useful for comparison purposes? to what can you compare? how can a company improve

Sharing information more quickly and conveniently between : multiple choice questions enter your answers on the enclosed answer sheet1 all of the following are examples of

Determine the contribution margin in dollars per unit and : in the month of september nixon company sold 800 units of product. the average sales price was 30. during the month

Research problem the cheyenne golf and tennis club : research problem the cheyenne golf and tennis club requires its members to purchase stock in the corporation and to

Fom the economic standpoint find the likely costs and : president obama has not yet decided whether he will approve a new pipeline the keystone xl that would carry newly

Numbers and measurements are the language of business : numbers and measurements are the language of business.. organizations look at results expenses quality levels

Find the budget constraint if student can save at : consider a group of college students who all receive a 1000 money endowment from their parents at the start of both the

Reviews

Write a Review

Required(*) Message

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

User Account

All Pages