Rubber and Steel Company is planning to manufacture a new product. The variable manufacturing costs will be
$ 67$67
per unit and the fixed costs are estimated to be
$ 7308.$7308.
The selling price of the product is to be
$ 129$129
per unit. Variable selling expense is expected to be
$ 20$20
per unit.
(a) Calculate the contribution margin per unit.
(b) Determine the contribution rate.
(c) Calculate the break-even point in units.
(d) Determine the break-even point in sales dollars.
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