Business, 11.03.2020 00:21 hjeffrey168

Incline Company generated $1,400,000 in revenue selling 800 units of its only product. Each unit has a contribution margin of $280. The company has fixed costs of $125/unit at the current production volume (assume unit production volume equals unit sales volume).

a. What is the contribution margin ratio for Incline's product?

b. Calculate the break-even point in revenue for Incline?

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Incline Company generated $1,400,000 in revenue selling 800 units of its only product. Each unit has...