Business, 16.01.2020 23:31 queendeon123

1. abc inc. showed the following operating budget for the next year. sales $2,100,000 fixed cost $650,000 total variable cost 350,000 total cost 1,000,000 net income $1,100,000 answer the following questions: keep 8 decimal places for the contribution rate. (a) calculate the total contribution margin and contribution rate (cr). hint: for cr equation, consider multiplying both numerator and denominator by x (volume). (b) how much sales revenue does abc inc. need to generate to break-even? (c) suppose the company decides to set a price of $150 for a unit of product that it sells. what is the break-even volume in units?

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1. abc inc. showed the following operating budget for the next year. sales $2,100,000 fixed cost $65...