Seamless Gutter Sells 10 Metre Sections of Eaves Trough for $12.The

question 160

Essay

Seamless Gutter sells 10 metre sections of eaves trough for $12.The unit variable costs per section are $8.80.Fixed costs total $4,800.Required:
a.What is the contribution margin per section?
b.What is the break-even point in sections? ...in dollars?
c.How many sections must be sold to earn a pre-tax income of $4,000?
d.What is the margin of safety assuming 1,800 sections are sold?

Understand the significance of established property rights for efficient market operations.

Evaluate the effectiveness of different strategies in managing the utilization of common resources and the protection of public goods.

Understand the fundamental characteristics that define public goods and common resources.

Comprehend what is meant by a good being rival in consumption.