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What was the contribution margin per unit

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Reference no: EM133126896

Question - Brown & Tatum, Inc. had the following information for the month of July:

Fixed costs: $200,000

Total revenues: $800,000

Profit: $40,000

Sales price per unit: $50

Required - Answer the following questions:

a. What was the contribution margin per unit and contribution margin ratio/percentage?

b. What monthly sales volume (in units) would be needed to break-even?

c. What sales volume (in units) would be needed to earn $120,000?

d. What sales volume (in dollars) would be needed to earn $140,000?

Reference no: EM133126896

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