(Solution Download) ACCOUNT 249-2

Use this info to answer questions 15 through 17:

Selling Price per unit $17

Fixed Expenses

Selling and Administrative $130,000

Interest Expense $10,000

Variable Expenses

Cost of Goods Sold $4

Selling and Administrative $3
15. What is the companys contribution margin?
A. $10
B. $13
C. $14

16. What is the break-e...