I WILL PUT EXCELLENT RATE & COMMENT - PLS ASAP! PLS HELP - I HAVE...
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I WILL PUT EXCELLENT RATE & COMMENT - PLS ASAP!
PLS HELP - I HAVE 10 MIN only!
In the month of December, Ahmad's Garage Works (AGW) gave 2,500 oil changes, battery inspections, and muffler replacement at an average price of KWD 40.
During the month, fixed costs were KWD 19,000. THE contribution MARGIN IS FIXED AT 75% OF THE SALE PRICE.
Requirements:
1. Determine the contribution margin in dinars, per unit, as a ratio.
2. Using the contribution margin approach , compute the breakeven point in dinars and in units.
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