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Enter the sales revenue is an answer to this question (Round to the nearest $1.00) QUESTION 10 10 points Save Answer Duoco estimates the following
Enter the sales revenue is an answer to this question (Round to the nearest $1.00)
QUESTION 10 10 points Save Answer Duoco estimates the following cost information for its sole product, The Treo, in the upcoming year (see table). Duoco has the capacity to manufacture 35,000 units annually. Manufacturing Costs: Variable costs: $6.25 per unit manufactured Fixed costs: $115,000 annually Operating Expenses: Variable Selling and Administrative costs: $3.75 per unit sold Fixed Selling and Administrative costs: $90,000 annually Duoco expects the average sales price per unit for the year to be $25.00. Calculate the contribution margin ratio and then determine the break-even point in sales revenues. Enter the sales revenue as the answer to this question. (Round to the nearest $1.00)
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