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Chris Anderson operates a kiosk in downtown Chicago, at which he sells one style of...

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Accounting

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Chris Anderson operates a kiosk in downtown Chicago, at which he sells one style of baseball hat. He buys the hats from a supplier for $15 and sells them for $ 20. Chris's current breakeven point is 16,200 hats per year, (a 1) Your answer is correct Calculate contribution margin per unit Contribution margin per unit What is Chris's current level of fixed costs? (Use the rounded contribution margin per unit calculated in the previous part) Current level of fixed costs S 81000 Assume that Chris's fixed costs, variable costs, and sales price were the same last year, when he made $ 28,700 in net income How many hats did Chris sell last year, assuming a 30% income tax rate? (Use the rounded contribution margin per unit calculated is the previous part) 24400 hats (c) Your answer is correct. What was Chris's margin of safety in units and dollars last year? Margithof safety in units 8200 hats Margin of safety in dollars 164000 of used (d) If Chris wants to earn $37.100 In net income, how many hats must he sell assuming a 30 tax rate? (Use the rounded contribution margin per unit calculated in the previous part) hats

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