The section of Waterways that produces controllers for the company provided the following information. Sales for...
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The section of Waterways that produces controllers for the company provided the following information. Sales for month of February: 3,900 Unit variable manufacturing cost: $9.00 Unit selling price: $46.00 Fixed manufacturing overhead cost (per month for controllers): $82,000 Unit variable selling and administrative costs: $4.80 Fixed selling and administrative expenses (per month for controllers): $12,850 Using this information for the controllers, determine the contribution margin ratio, the degree of operating leverage, the break-even point in sales dollars, and the margin of safety ratio for Waterways Corporation on this product. Contribution Margin Ratio (Round to O decimal places, e.g. 25%.) Degree of Operating Leverage (Round to 2 decimal places, e.g. 5.25.) Break-even Point in Dollars Margin of Safety Ratio (Round to 1 decimal place, e.g. 5.2%.) Save for Later $ % % Attempts: 0 of 2 used Submit Answer The section of Waterways that produces controllers for the company provided the following information. Sales for month of February: 3,900 Unit variable manufacturing cost: $9.00 Unit selling price: $46.00 Fixed manufacturing overhead cost (per month for controllers): $82,000 Unit variable selling and administrative costs: $4.80 Fixed selling and administrative expenses (per month for controllers): $12,850 Using this information for the controllers, determine the contribution margin ratio, the degree of operating leverage, the break-even point in sales dollars, and the margin of safety ratio for Waterways Corporation on this product. Contribution Margin Ratio (Round to O decimal places, e.g. 25%.) Degree of Operating Leverage (Round to 2 decimal places, e.g. 5.25.) Break-even Point in Dollars Margin of Safety Ratio (Round to 1 decimal place, e.g. 5.2%.) Save for Later $ % % Attempts: 0 of 2 used Submit Answer
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