Posted by **bri** on Tuesday, March 25, 2008 at 12:39am.

1.A store has fixed costs of 80,000 and an avarage gross margin of 26%. Variable expenses are estimated to be 6% of sales.

a.calculate the break-even sales volume.

b.calculate the profit/losses for sales of 300,000

I got the formulas:

unit contribution= price - variable costs

break even point= fixed costs/ unit contribution

profit/loss= sales revenue -varible cost- fixed costs

I don't know how to plug the numbers in..?

## Answer This Question

## Related Questions

- Business - Assume that you own a sandwich shop. In looking over last year's ...
- managerial accounting - . (TCO 4) Paschal’s Parasailing Enterprises has ...
- Accounting - Absorption Income versus Contribution Margin Income Absorption ...
- Accounts - A manufacturing Company produces 2 products – A and B. The following ...
- MSU - Shirts Unlimited operates a chain of shirt stores that carry many styles ...
- Accounting - The individual portion of this assignment is for each person to ...
- MARKETING - Your company’s sales are 50,000 units. The unit variable cost is $12...
- finance management - Wanda wants to open a health-food store. Her monthly ...
- marketing - Your company’s sales are 50,000 units. The unit variable cost is $12...
- Accounting - CollegePak Company produced and sold 60,000 backpacks during the ...

More Related Questions