Determine contribution margin ratio and breakeven in value, Financial Accounting

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Determine contribution margin ratio and breakeven in value

Problem

Magna Corp has provided the following information for the years 2017 & 2018

Year	2017	2018
Sales in units	1,800	2,000
Sales in value	273,600	304,000
Variable costs	36,000	44,000
Total fixed cost	350,000	325,000

Determine the following:

• Contribution margin ratio
• Contribution margin per unit
• Breakeven points in units
• Breakeven in value.

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Financial Accounting: Determine contribution margin ratio and breakeven in value

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Financial Accounting: Determine contribution margin ratio and breakeven in value

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