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Gonzalez Company sells custom door wreaths. The company had a contribution margin of $14,000 on sales of $20,000; its fixed costs are $8,750. What
Gonzalez Company sells custom door wreaths. The company had a contribution margin of $14,000 on sales of $20,000; its fixed costs are $8,750. What is Gonzalez Company's break-even point in sales dollars? On the cost side, Collings College has annual fixed operating costs of $295,000,000 and variable operating costs of $3,300 per student. Most of the funding comes from $9,300 in tuition collected from the College's 4,800 students. Determine the amount the college must obtain from other sources to break even. The MBA student organization plans to sell ice cream sandwiches at $5.00 each. The student organization will pay $2.80 per sandwich to a local ice cream store. Costs of the necessary permits, signs, and so forth are $350. Determine the amount the organization will raise if it sells 190 ice cream sandwiches.
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