Question
Danas Ribbon World makes award rosettes. Following is information about the company: Variable cost per rosette $ 1.13 Sales price per rosette 2.20 Total fixed
Danas Ribbon World makes award rosettes. Following is information about the company:
| Variable cost per rosette | $ | 1.13 |
| Sales price per rosette | 2.20 | |
| Total fixed costs per month | 894.00 | |
Required:
1. Determine how many rosettes Danas must sell to break even. (Round your intermediate calculations to 2 decimal places and final answer to the nearest whole number.)
2. Calculate the break-even point in sales dollars. (Do not round intermediate calculations. Round your answer to 2 decimal places.)
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Financial Accounting Tools For Business Decision Making
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
3rd Edition
047169195X, 978-0471691952
