Martin company currently produces and sells

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a. Martin Company currently produces and sells 40,000 units of product at a selling price of $12. The product has variable costs of $6 per unit and fixed costs of $150,000. The company currently earns a total contribution margin of:

$280,000

$200,000

$240,000

$90,000

b. Jarvis Company produces a product that has a selling price of $20.00 and a variable cost of $15.00 per unit. The company's fixed costs are $50,000. What is the break-even point measured in sales dollars?

$150,000

$200,000

$62,500

$100,000

Reference no: EM13922221

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