Determine the sales in units required to achieve net income

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Reference no: EM132655764

The following information is given for EK, Inc.:

Unit sales price $ 10

Variable cost per unit 6

Total fixed costs 50,000

Problem 1: Determine the following:

A. Contribution margin per unit

B. Contribution margin ratio

C. Break-even sales in units

D. Break-even sales in dollars

E. Sales in units required to achieve a net income of $4,000

F. Sales in units required to achieve a net income of 15 percent of sales

Reference no: EM132655764

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