Juniper had revenues of $469,000 in March. Fixed costs in March were $268,620 and profit...

70.2K

Verified Solution

Question

Accounting

Juniper had revenues of $469,000 in March. Fixed costs in March were $268,620 and profit was $40,920.

a. What was the contribution margin percentage?

b. What monthly sales volume (in dollars) would be needed to break-even?

c. What was the margin of safety for March?

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students