Wind Bicycle company sold 500 bikes in december 2003. The selling price was $500 per unit, the variable expenses were $300 per unit. Wind incurred a total of $80000 fixed expenses for the month
I solved and got Income-20,000
Contribution Margin- 100,000
Unit Contribution Margin- 200
and Contribution margin ratio- 40%
How many bikes must be sold to earn a profit of $35,000?
How many bikes must be sold to break even?
What is the margin of safety percentage?
What is Wind Company's current degree of operating leverage?
If Sales increase by 10% what income from operations would the company have earned? What percentage increase in income from operations does this represent?