American Investor Group is opening an office in Portland, Oregon Fbed monthly costs are office rent ($8.600), depreciation on office furniture (51900), utilities (52.200) special teleph connection with an online brokerage service ($2,500), and the salary of a financial planner (518.700) Variable costs include payments to the financial planner (9% of revenue) advertisi supplies and postage (4% of revenue) and usage fees for the telephone lines and computerized brokerage service (5% of revenue) Read the regulaments Requirement 1. Use the contribution margin ratio approach to compute American's breakeven revenue in dollars. If the average trade leads to 51,000 in revenue for American, how many to break even? Begin by showing the formula and then entering the amounts to calculate the required sales dollars for American to break even Abbreviation used CM = contribution margin Required sales in dollars a Group is opening an office in Portland, Oregon Fixed monthly costs are office rent (58.600), depreciation on office furniture (51,900), Lailties (52.200). special telephone lines (51.100), a online brokerage service ($2,500), and the salary of a financial planner (518700) Variable costs include payments to the financial planner (9% of revenue) advertising (11% of revenue), age (4% of revenue) and usage fees for the telephone lines and computerized brokerage service (6% of revenue) Use the contribution margin ratio approach to compute American's breakeven revenue in dollars If the average trade leads to $1,000 in revenue for American, how many trades must be made g the formula and then entering the amounts to calculate the required sales dollars for American to break even Abbreviation used CM contribution margin Required sales in dollars