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Franklin Corporation sells products for $37 each that have variable costs of $19 per unit. Franklin's annual fixed cost is $399,600. Required Use the per-unit

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Franklin Corporation sells products for $37 each that have variable costs of $19 per unit. Franklin's annual fixed cost is $399,600. Required Use the per-unit contribution margin approach to determine the break-even point in units and dollars. Break-even point in units Break-even point in dollars Rooney Company incurs annual fixed costs of $65.435 Vantable costs for Rooney's product are $2205 per unit, and the sales price is $35.00 per unit. Rooney desires to earn an annual profit of $55,000 Required Use the per unit contribution margin approach to determine the sales volume in units and dollars required to earn the desired profit (Do not round Intermediate calculations. Round your final answers to the nearest whole number.) Sales in dollars Sales volume in units Ritchie Manufacturing Company makes a product that it sells for $150 per unit. The company incurs variable manufacturing costs of $64 per unit. Variable selling expenses are $17 per unit, annual fixed manufacturing costs are $494,000, and fixed selling and administrative costs are $237.400 per year. Required Determine the break-even point in units and dollars using each of the following approaches a. Use the equation method b. Use the contribution margin per unit approach c. Prepare a contribution margin income statement for the break-even sales volume. Complete this question by entering your answers in the tabs below. Reg A to B Regc Determine the break even point in units and dollars using the equation method and the contribution margin per unit approach. a Break-even point in units Break-even point in dollars b. Contribution margin per unit Break-even point in units Break-even point in dollars Reqc > Ritchie Manufacturing Company makes a product that it sells for $150 per unit. The company incurs variable manufacturing costs of $64 per unit. Variable selling expenses are $17 per unit, annual fixed manufacturing costs are $494,000, and fixed selling and administrative costs are $237,400 per year. Required Determine the break-even point in units and dollars using each of the following approaches: a. Use the equation method. b. Use the contribution margin per unit approach. c. Prepare a contribution margin income statement for the break-even sales volume. Complete this question by entering your answers in the tabs below. Reg A to B Reqc Prepare a contribution margin income statement for the break-even sales volume. RITCHIE MANUFACTURING COMPANY Contribution Margin Income Statement

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