Solved: During fy 2016 bravo company sold 16000 units for 84000 use, Accounting Basics

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During fy 2016 bravo company sold 16000 units for 84000 use

Problem - During FY 2016, Bravo Company sold 16,000 units for $84,000. Bravo had $3.00 variable costs per unit sold. Bravo also reported $28,000 of fixed costs. Use this information to determine FY 2016:

1. Contribution Margin per unit

2. Breakeven in Units

3. Breakeven in Total Sales

(Round any total dollar value to the nearest whole dollar & enter as whole dollars only. Round any unit dollar value to the nearest penny & enter with both dollar(s) & cents. Round any unit non-dollar decimal numbers to the next higher whole number and enter as a whole number.)

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Accounting Basics: During fy 2016 bravo company sold 16000 units for 84000 use

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Accounting Basics: During fy 2016 bravo company sold 16000 units for 84000 use

Reference No:- TGS02436238

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