This topic contains a solution. Click here to go to the answer

Author Question: Bivouac Camping Supply sells harsh weather tents. The company has the following income ... (Read 51 times)

knightj

  • Full Member
  • ***
  • Posts: 163
Bivouac Camping Supply sells harsh weather tents. The company has the following income statement.

Sales ($1,000 per unit)$200,000
Less Cost of Goods sold ($475 per unit)   95,000
Gross margin105,000
Less Operating costs
  Salaries$40,000
  Advertising10,000
  Sales commissions ($5 per unit)1,000
  Shipping ($20 per unit)    4,000   55,000
Operating income$  50,000

Required:

a.What is the contribution margin per unit?
b.What is the contribution margin ratio?
c.What is the break-even point in units? In sales dollars?
d.What is the margin of safety in units? In dollars?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by knightj on Feb 5, 2023

gwisel

  • Full Member
  • ***
  • Posts: 154
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 32% of students answer this correctly




knightj

  • Member
  • Posts: 163
Reply 2 on: Feb 5, 2023
Thanks for the timely response, appreciate it


pratush dev

  • Member
  • Posts: 321
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

Not getting enough sleep can greatly weaken the immune system. Lack of sleep makes you more likely to catch a cold, or more difficult to fight off an infection.

Did you know?

Asthma cases in Americans are about 75% higher today than they were in 1980.

Did you know?

Elderly adults are at greatest risk of stroke and myocardial infarction and have the most to gain from prophylaxis. Patients ages 60 to 80 years with blood pressures above 160/90 mm Hg should benefit from antihypertensive treatment.

Did you know?

Persons who overdose with cardiac glycosides have a better chance of overall survival if they can survive the first 24 hours after the overdose.

Did you know?

The horizontal fraction bar was introduced by the Arabs.

For a complete list of videos, visit our video library