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Cost-Volume Profit Analysis Recline Company is planning to produce and sell 11,000 units of its only product at a unit price of $100. At this
Cost-Volume Profit Analysis
Recline Company is planning to produce and sell 11,000 units of its only product at a unit price of $100. At this sales level Recline Company will generate $341,000 in total contribution margin and incur fixed costs of $25/unit.
a. Calculate Reclines contribution margin ratio.
Round answer to the nearest whole percentage (ex: 0.3456 = 35%)
Answer
%
b. Calculate the break-even point in sales dollars for Recline.
Use your rounded answer from part a. above and then round final answer to the nearest dollar.
$Answer
Question 1 Not complete Marked out of 1,43 Cost-Volume Profit Analysis Recline Company is planning to produce and sell 11,000 units of its only product at a unit price of $100. At this sales level Recline Company will generate $341,000 in total contribution margin and incur fixed costs of $25/unit a. Calculate Recline's contribution margin ratio. Round answer to the nearest whole percentage (ex: 0.3456 = 35%) 0 % b. Calculate the break-even point in sales dollars for Recline. Use your rounded answer from part a. above and then round final answer to the nearest dollar. $ 0Step by Step Solution
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