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The Following Information Describes a Product Expected to Be Produced

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Essay

The following information describes a product expected to be produced and sold by Garrison Company:
 Selling price  $ 80 per unit  Variable costs  $ 32 per unit  Total fixed costs $630,000\begin{array}{llr} \text { Selling price } & \text { \$ 80 per unit } \\ \text { Variable costs } & \text { \$ 32 per unit } \\ \text { Total fixed costs } &\$ 630,000\end{array}

Required:
(a) Calculate the contribution margin ratio.
(b) Calculate the break-even point in dollar sales.
(c) What dollar amount of sales would be necessary to achieve a pretax income of $120,000?

Calculate the mass of substances involved in a chemical reaction using the Law of Conservation of Mass.
Identify key figures in the history of chemistry and their contributions.
Understand Dalton's Atomic Theory and its implications for chemical reactions and compound formation.
Apply Dalton's Atomic Theory to explain the composition and behavior of matter.

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