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Information concerning a product produced by Hansen Company appears here: Sales

ID: 2530284 • Letter: I

Question

Information concerning a product produced by Hansen Company appears here: Sales price per unit Variable cost per unit Total annual fixed manufacturing and operating costs 180 $100 s 720,000 0204 17 Required Determine the following: eBook a. Contribution margin per unit. b. Number of units that Hansen must sell to break even c. Sales level in units that Hansen must reach to earn a profit of $240,000. a Contribution margin per unit b. Break-even in units c Required sales in units K Prev42 of 80Next>

Explanation / Answer

a) Contribution margin per unit = 180-100 = 80 per unit

b) Break even point = 720000/80 = 9000 units

c) Required sales in units = (720000+240000)/80 = 12000 units