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denpristay [2]
3 years ago
5

Forrester Company is considering buying new equipment that would increase monthly fixed costs from $396,000 to $684,000 and woul

d decrease the current variable costs of $80 by $20 per unit. The selling price of $120 is not expected to change. Forrester's current break-even sales are $1,188,000 and current break-even units are 9,900. If Forrester purchases this new equipment, the revised contribution margin ratio would be:
Business
1 answer:
Ber [7]3 years ago
6 0

Answer:

50%

Explanation:

Contribution margin is used to determine the profitability of a product. it is price less variable cost

Contribution margin ratio = (price - variable costs) / price

variable cost = 80 - 20 = 60

price = 120

(120 - 60) / 120 = 50%

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