Question

Information concerning a product produced by Ender Company appears here: Sales price per unit $ 174...

Information concerning a product produced by Ender Company appears here:

Sales price per unit $ 174
Variable cost per unit $ 76
Total annual fixed manufacturing and operating costs $ 617,400

Required

Determine the following:

  1. Contribution margin per unit.

Contribution margin ______ per unit

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

Break-Even in units ______

  1. Sales level in units that Ender must reach to earn a profit of $245,000.

Sales in units ______

  1. Determine the margin of safety in units, sales dollars, and as a percentage. (Round “Percentage” answer to 1 decimal place (i.e., 0.234 should be entered as 23.4).)

Margin of Safety:
Units ______
Sales ______
Percentage ______

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