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Question - Laura Hall owns and operates Wildhorse, a bakery that creates personalized birthday cakes for a child's first birthday. The cakes, which sell for $60 and feature an edible picture of the child, are shipped throughout the country. A typical month's results are as follows:
Sales revenue $826,200
Variable expenses 660,960
Contribution margin 165,240
Fixed expenses 79,440
Operating income $85,800
Required -
(a) What is Wildhorse's contribution margin per unit?
(b) What is Wildhorse's monthly breakeven point in units?
(c) What is Wildhorse's contribution margin ratio?
(d) What is Wildhorse's monthly breakeven point in sales dollars?
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