Seamless Gutter sells 10 metre sections of eaves trough for $12.The unit variable costs per section are $8.80.Fixed costs total $4,800.Required:
a.What is the contribution margin per section?
b.What is the break-even point in sections? ...in dollars?
c.How many sections must be sold to earn a pre-tax income of $4,000?
d.What is the margin of safety assuming 1,800 sections are sold?
Correct Answer:
Verified
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Q111: Use the information below to answer the
Q112: Answer the following question(s)using the information below.Southwestern
Q113: Use the information below to answer the
Q114: Answer the following question(s)using the information below.Southwestern
Q115: Query Company sells pillows for $25.00 each.The
Q117: Use the information below to answer the
Q118: Answer the following question(s)using the information below.Southwestern
Q119: Use the information below to answer the
Q120: Answer the following question(s)using the information below.Southwestern
Q121: ABC Grocery needs to know the kilograms
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents