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In the month of September, Matlock Industries sold 800 units of product. The average sales price...

In the month of September, Matlock Industries sold 800 units of product. The average sales price was $30. During the month, fixed costs were $6,300 and variable costs were 70% of sales.

Determine the contribution margin in dollars, per unit, and as a ratio.

Contribution margin (in dollars) $
Unit contribution margin $
Contribution margin ratio %

  

  

Using the contribution margin technique, compute the break-even point in dollars and in units.

Break-even sales (in dollars) $
Break-even sales (in units) units
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