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Exercise 3-39 (Static) CVP and Analysis of Cost Structure (LO3-1, 2) Grandville Fittings earns a quarterly operating profit of $1,500,000 and has an operating
Exercise 3-39 (Static) CVP and Analysis of Cost Structure (LO3-1, 2) Grandville Fittings earns a quarterly operating profit of $1,500,000 and has an operating leverage of 1.8. Wheeler Works, Incorporated, earns a quarterly operating profit of $660,000 and has an operating leverage of 3.0. Quarterly revenues total for $4,500,000 for Grandville Fittings and $2,400,000 for Wheeler Works, Incorporated. Required: a. Calculate the break-even point in sales dollars for Grandville Fittings. b. Calculate the break-even point in sales dollars for Wheeler Works, Incorporated. (Do not round intermediate calculations.) a. Break-even point for Grandville Fittings b. Break-even point Wheeler Works, Incorporated
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