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Chapter 11 Homework 4 20 points eBook Print References Ritchie Manufacturing Company makes a product that it sells for $140 per unit. The company incurs
Chapter 11 Homework 4 20 points eBook Print References Ritchie Manufacturing Company makes a product that it sells for $140 per unit. The company incurs variable manufacturing costs of $64 per unit. Variable selling expenses are $13 per unit, annual fixed manufacturing costs are $452,000, and fixed selling and administrative costs are $209,500 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. Prepare a contribution margin income statement for the break-even sales volume. Saved Complete this question by entering your answers in the tabs below. Req A to B Req C Determine the break-even point in units and dollars using the equation method and the contribution margin per unit approach. a. Break-even point in units a. Break-even point in dollars b. Contribution margin per unit b. Break-even point in units b. Break-even point in dollars Help
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