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Elmwood Pinecone sells fake Christmas trees with a selling price of $75 and variable costs per unit of $30. The company's monthly fixed expenses
Elmwood Pinecone sells fake Christmas trees with a selling price of $75 and variable costs per unit of $30. The company's monthly fixed expenses are $22,500. NOTE: You may want to use one of the EXCEL spreadsheets I provided in the module - Chapter03 CM Income Statement.xlsx or Chapter03 CM Income Statement BE.xlsx - to help complete this problem. The following names are to be considered when completing this problem: Operating Income Variable Costs Sales Fixed Costs per Unit Selling Price per Unit Variable Cost per Unit Contribution Margin Fixed Costs Operating Loss What is the Elmwood's break-even point in units? What is the Elmwood's break-even point in dollars? (i.e. $12,345). . Use commas as needed (i.e. 1,234). . Rounded to whole dollars and shown with "$" and commas as needed Using the names listed above, construct a contribution margin income statement for the month of November when they will sell 900 units. Rounded to whole dollars and shown with "$" and commas as needed (i.e. $12,345). Elmwood Pinecone Contribution Margin Income Statement For the Month of November
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