Information concerning a product produced by Franklin Company appears as follows: Sales price per unit $ 171 Variable cost per unit $ 91 Total annual fixed manufacturing and operating costs $ 528,000
Required:
a. Contribution margin per unit.
b. Number of units that Franklin must sell to break even.
c. Sales level in units that Franklin must reach to earn a profit of $272,000.
d. Determine the margin of safety in units, sales dollars, and as a percentage.
Answers: 1
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