A company wants to have $5 million in sales with $1 million in profit. It will have fixed costs of $3 million. Each unit of its product sells for $20. How much contribution per unit must the company have to meet its goals?
A company wants to have $5 million in sales with $1 million in profit.
It will have fixed costs of $3 million. Each unit of its product sells for $20. How much contribution per unit must the company have to meet its goals?
$0.79
$16
$8
$1.60
Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code "Newclient"
