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Determine the Break Even Point in Sales Volume

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Reference no: EM132476508

Question - Quality Mfg. Co. has the following cost information:

Fixed Costs $18,000

Sales Price Per Unit $80

Variable Costs Per Unit $50

Required -

(a) Using the Equation Approach, determine the Break Even Point in $ Sales Volume.

(b) Using the Equation Approach, determine the Total Sales Volume ($) that must be sold to earn a profit of $6,000 before taxes.

(c) What is the Contribution Margin Ratio?

For each of the above questions, show the applicable equation & your work using Excel or a Word document.

Reference no: EM132476508

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