Details of this Paper

The following information describes a product expected to be produced and sold by Hadley Company:

Description

solution


Question

The following information describes a product expected to be produced and sold by Hadley Company;Selling price.......$80 per unit;Variable costs......$32 per unit;Total fixed costs..$630,000;Required;(a) Calculate the contribution margin ratio;(b) Calculate the break-even point in dollars;(c) What dollar amount of sales would be necessary to achieve a pretax income of $120,000?

 

Paper#27670 | Written in 18-Jul-2015

Price : $32
SiteLock