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Information concerning

Information concerning a product produced by Ender Company appears here:

 

Sales price per unit $ 200
  Variable cost per unit $ 80
  Total annual fixed manufacturing and operating costs $ 600,000

Required

Determine the following:

a. Contribution margin per unit.

b. Number of units that Ender must sell to break even.

c.. Sales level in units that Ender must reach to earn a profit of $240,000.

d. Determine the margin of safety in units, sales dollars, and as a percentage. (Round “”Percentage”” answer to 1 decimal place. (i.e., .234 should be entered as 23.4).)

 

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