Home / Questions / Suppose Lattin Corps breakeven point is revenues of $1000000 Fixed costs are $400000. Req...
Suppose Lattin Corp.’s breakeven point is revenues of $1,000,000. Fixed costs are $400,000.
Required
1. Compute the contribution margin percentage.
2. Compute the selling price if variable costs are $12 per unit.
3. Suppose 80,000 units are sold. Compute the margin of safety in units.
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