How much is the contribution margin and the contribution?

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Projected financial results for the? university's cafeteria for next year are shown. Answer each of the following independent questions.

Sales 926,000

Fixed cost 540,000

Total variable cost 225,960

Total cost 765,960

Net income $160,040

?(a) How much is the contribution margin and the contribution? rate?

?(b) How much does the business need to sell to break? even?

?(c) If the business was to spend ?22,000 to upgrade their? processes, how much does the business need to sell to break? even?

?(d) If 8?% more meals were? sold, what would be the resulting net? income?

Reference no: EM132245050

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