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cant find fixed costs or cogs... it is not 470000 or 208400 Determine the break-even point in units and dollars using the equation method, the
cant find fixed costs or cogs... it is not 470000 or 208400
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. Prepare a contribution margin income statement for the break-even sales volume. Ritchie Manufacturing Company makes a product that it sells for $160 per unit. The company incurs variable manufacturing costs of $84 per unit. Variable selling expenses are $12 per unit, annual fixed manufacturing costs are $470,000, and fixed selling and administrative costs are $208,400 per year. Required Determine the break-even point in units and dollars using each of the following approaches: a. 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 Step by Step Solution
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