In: Finance
The Crane Company sells sports decals that can be personalized with a player’s name, a team name, and a jersey number for $6.00 each. Crane's variable costs are the $2.60 it pays its supplier for each decal and $0.70 in operating costs to personalize and sell each decal. The results of last month’s operations are as follows: Sales revenue $12,000 Cost of goods sold 5,200 Gross profit 6,800 Operating expenses 3,560 Operating income $3,240 (a1) Correct answer iconYour answer is correct. Calculate contribution margin per unit. (Round answer to 2 decimal places, e.g. 0.38.) Contribution margin per unit $enter contribution margin per unit amount in dollars rounded to 2 decimal places per unit eTextbook and Media Attempts: 1 of 3 used (a2) What is Crane’s monthly breakeven point in units? In dollars? (Use your answer of breakeven units to calculate the breakeven point in dollars. Round Breakeven units and point in dollar to 0 decimal places, e.g. 25,000.) Breakeven point enter breakeven point in units rounded to 0 decimal places units Breakeven sales $enter breakeven sales amount in dollars rounded to 0 decimal places