Wedding R Us sells wedding dresses. The cost of each dress is comprised of the following: Selling price of $1,560 and variable costs of $580. A total fixed cost for their business is $90,000. (Final answer must be DOUBLE RULE) A. What is the contribution margin per dress if the fixed cost was decreased by 10% and the selling price was increased by 15%?
B. What is the total profit when 350 dresses are sold?
C. How many dresses must sell to reach the breakeven point?
D. How many dresses must sell to yield a profit of $79,000? E. How much is the profit per dress if they sold 150 dresses?
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