Answer: RS 49.8
Step-by-step explanation:
Given the following :
Fixed cost = RS 4430
Break even point = 89 units
Recall:
Break even point in units = Fixed cost ÷ contribution margin
Therefore,
Contribution margin equals;
(Fixed cost ÷ break even point in units)
= 4430 / 89
= 49.775280
= RS 49.8
