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    Break even analysis : Academic response

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    If a firm has a break even point of 20,000 units and the contribution margin on the firm's single product is $3.00 per unit and fixed costs are $60,000, what will be the firm's net income be at sales of 30,000 units.

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    Solution Preview

    If a firm has a break even point of $20,000 units and the contribution margin on the firm's single product is $3.00 per unit and fixed costs are $60,000, what will be the firm's net income be at ...

    Solution Summary

    Net Income at a level of sales greater than the break-even point has been calculated.

    $2.19

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