(SOLVED) Porter Corporation has fixed costs of 800 000 variable costs of


Question Description:

$19

Porter Corporation has fixed costs of $800,000, variable costs of $45 per unit, and a contribution margin ratio o f 25 percent.
Compute the following:
a. Unit sales price and unit contribution margin for the above product.
b. The sales volume in units required for Porter Corporation to earn an operating income of $400,000.
c. The dollar sales volume required for Porter Corporation to earn an operating income of $400,000.

Answer

$19