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Business, 19.03.2021 18:40 slimgemmx

In 2019, Ivanhoe Company had a break-even point of $385,000 based on a selling price of $7 per unit and fixed costs of $115,500. In 2020, the selling price and the variable costs per unit did not change, but the break-even point increased to $454,000. Required:
a. Compute the variable costs per unit and the contribution margin ratio for 2019.
b. Compute the increase in fixed costs for 2020.

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In 2019, Ivanhoe Company had a break-even point of $385,000 based on a selling price of $7 per unit...
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