09 Apr 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|
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).)