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College Pizza delivers pizzas to the dormitories and apartments near a major state university. The company's annual xed expenses are $61,000. The sales price of

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College Pizza delivers pizzas to the dormitories and apartments near a major state university. The company's annual xed expenses are $61,000. The sales price of a pizza is $10, and it costs the company $5 to make and deliver each pizza. [In the following requirements, ignore income taxes.) Required: 1. Using the contribution-margin approach, compute the company's break-even point in units {pizzas}. 1 What is the contribution-margin ratio? {Round your answer to 1 decimal place.} 3. Compute the breakeven sales revenue. Use the contribution-margin ratio in your calculation. 4. How ma ny pizzas must the company sell to earn a target profit of $67,000? Use the equation method. Breakeven point Contributionmargin ratio Breakeven point sales dollars P'P'lur' Number of pizas

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