In the month of September Matlock Industries sold 800 units of product. The average sales price was $30. During the month fixed costs were $6300 and variable costs were 70% of sales.
Instructions
(a) Determine the contribution margin in dollars per unit and as a ratio.
(b) Using the contribution margin technique compute the break-even point in dollars and in units.

Question

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The Answer of In the month of September Matlock Industries sold 800 units of product. The average sales price was $30. During the month fixed costs were $6300 and variable costs were 70% of sales.
Instructions
(a) Determine the contribution margin in dollars per unit and as a ratio.
(b) Using the contribution margin technique compute the break-even point in dollars and in units.

In the Month of September Matlock Industries Sold 800 Units