The following financial data have been determined from analy…
The following financial data have been determined from analyzing the records of Tim’s Brake Co. (a one-product firm):Contribution margin per unit ……………………. $50Variable cost per unit ……………………………. 42Annual fixed cost ………………………..$180,000How does each of the following measures change when product volume goes up by one unit at Tim’s Brake Co?a. Total revenueb. Total costc. Income before tax