Question 6 (10 marks) After the Board expressed concern about the business' financial position, Associate...
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Question 6 (10 marks) After the Board expressed concern about the business' financial position, Associate Enterprises management team provided the following information: Month 1 12,000 Month 2 14,000 Sales Units Month 3 13,000 Sales revenue Material costs Operating costs Net Profit $108,000 $66,000 $27,000 $15.000 $126,000 $77,000 $31,000 $18.000 $117,000 $71,500 $29.000 $16.500 Determine: a) (1 mark) The Contribution Margin in dollars and cents b) (1 mark) The Contribution Margin as a percentage c) (8 marks) The business' Break-Even point in units
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