How many prints must be sold to earn operating income

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Reference no: EM132832795

Joanna Art sells framed art prints for $300. The unit variable cost per phone is $50 plus a selling commission of 15%. Fixed manufacturing costs total $1,550 per month, while ?xed selling and administrative costs total $2,000.

Required:

Problem 1: What is the contribution margin per print?

Problem 2: What is the breakeven point in prints?

Problem 3: How many prints must be sold to earn operating income of $8,500?

Reference no: EM132832795

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