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28 Sep 2019
Raven Ltd. makes phone cases that retail for $20 each. For thecoming year, Raven expects fixed costs to be $140,000 and variablecosts to be $6 per case.
Round UP to the nearest $ or unit (we willalways round up in break-even analysis!!)
(a) Calculate the contribution margin per case. $ /phonecase?
(b) Calculate the contribution margin ratio?
(c) Calculate the break-even point in dollars?
(d) Calculate the break-even point in units. phone cases ?
Raven Ltd. makes phone cases that retail for $20 each. For thecoming year, Raven expects fixed costs to be $140,000 and variablecosts to be $6 per case.
Round UP to the nearest $ or unit (we willalways round up in break-even analysis!!)
(a) Calculate the contribution margin per case. $ /phonecase?
(b) Calculate the contribution margin ratio?
(c) Calculate the break-even point in dollars?
(d) Calculate the break-even point in units. phone cases ?
Patrina SchowalterLv2
28 Sep 2019