Last year, TT Company reported £750,000 in sales (25,000 units) and a net operating income of £25,000. At the break-even point, the company's total contribution margin equals £500,000. Based on this information, the company's:

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contribution margin ratio is 40%

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variable expense per unit is £9.

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variable expenses are 60% of sales.

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break-even point is 24,000 units.

Crowdly

Last year, TT Company reported £750,000 in sales (25,000 units) and a net operat...

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