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How many cds that speakerboxx will have to sell

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Reference no: EM132665556

Speakerboxx Music, Inc. produces a hip-hop CD that is sold for $15. The contribution margin ratio is 30%. Fixed expenses total $6,750.

Instructions

Problem A. Compute the variable cost per unit.

Problem B. Compute how many CDs that Speakerboxx will have to sell in order to break even.

Problem C. Compute how many CDs that Speakerboxx will have to sell in order to make a target net income of $16,200.

Problem D. Fill in the dollar amounts for the summary income statement below based on your answer to part C

Reference no: EM132665556

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