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1 Problem 3-17A (Algo) Determining the break-even point and preparing a contribution margin income statement LO 3-1 35 point book Ritchie Manufacturing Company makes a product that it sells for $190 per unit. The company incurs variable manufacturing costs of $96 per unit Variable selling expenses are $18 per unit, annual fixed manufacturing costs are $462,000, and fixed selling and administrative costs are $260,000 per year Required Determine the break-even point in units and collars using each of the following approaches. o. Use the equation method. b. Use the contribution margin per unit approach c. Use the contribution margin ratio approach d. Prepare a contribution margin income statement for the break-even sales volume Prima References Complete this question by entering your answers in the tabs below. Reg A to C Reg D Determine the break-even point in units and dollars using the equation method, the contribution margin per unit approach and the contribution margin ratio approach Break even point in units Break even point in dollars Contribution margin per unit Break even point in units Break-even point in dollars Contribution margin ratio Break even point in units Break even point in dollars RegD> 1 Problem 3-17A (Algo) Determining the break-even point and preparing a contribution margin income statement LO 3-1 ebook Ritchie Manufacturing Company makes a product that it sells for $190 per unit. The company incurs variable manufacturing costs of $96 per unit Variable selling expenses are $18 per unit, annual fixed manufacturing costs are $462,000, and fixed selling and administrative costs are $260,000 per year. Required Determine the break even point in units and dollars using each of the following approaches o. Use the equation method b. Use the contribution margin per unit approach c. Use the contribution margin ratio approach d. Prepare a contribution margin income statement for the break-even sales volume Prins eferences Complete this question by entering your answers in the tabs below. Reg A to C Reg D Prepare a contribution margin income statement for the break-even sales volume RITCHIE MANUFACTURING COMPANY Contribution Margin Income Statement 7 Net Income (loss)