Calculate the unknowns for the breakeven point in dollars


Question:

1. Calculate the unknowns forthe following situations based on the given data.

Actual total sales revenue $400,000
Total fixed cost $75,000
Unit variable cost $15
Contribution margin ratio 40%

Calculate the:

a) breakeven point in dollars
b) unit selling price
c) unit contribution margin
d) breakeven point in units
e) margin of safety

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Accounting Basics: Calculate the unknowns for the breakeven point in dollars
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