Bivouac Camping Supply sells marine-grade hatches.The hatches sell for $20 each.The cost of each hatch is $12.The only other costs are fixed costs of $15,000.During the current period, Bivouac sold 2,400 units.
Required:
a.What is the contribution margin per unit?
b.What is the contribution margin ratio?
c.What is the breakeven point in units? In dollars?
d.What is the margin of safety in units? In dollars?

Question

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The Answer of Bivouac Camping Supply sells marine-grade hatches.The hatches sell for $20 each.The cost of each hatch is $12.The only other costs are fixed costs of $15,000.During the current period, Bivouac sold 2,400 units.
Required:
a.What is the contribution margin per unit?
b.What is the contribution margin ratio?
c.What is the breakeven point in units? In dollars?
d.What is the margin of safety in units? In dollars?

Bivouac Camping Supply Sells Marine-Grade Hatches