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What is the break-even point in dollar sales for lara corp

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Lara Corporation has provided the following contribution format income statement. All questions concern situations that are within the relevant range.

Sales (3,000 units)-------$150,000
Variable expenses---------90,000
Contribution margin------60,000
Fixed expenses -------------48,000
Net operating income---$12,000

Required:

Problem a. What is the contribution margin per unit?

Problem b. What is the contribution margin ratio?

Problem c. What is the variable expense ratio?

Problem d. What is the break-even point in dollar sales?

Problem e. What is the margin of safety in dollars?

Reference no: EM132830939

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