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Help Problem 11-28 Determining the break-even point and preparing a contribution margin income stat LO 11-5 Ritchie Manufacturing Company makes a product that it sells
Help Problem 11-28 Determining the break-even point and preparing a contribution margin income stat LO 11-5 Ritchie Manufacturing Company makes a product that it sells for $170 per unit. The company incurs variable manufacturing cost $83 per unit Variable selling expenses are $19 per unit, annual fixed manufacturing costs are $498,000, and fixed selling and administrative costs are $236,400 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 , Req A to B Req C Prepare a contribution margin income statement for the break-even sales volume. llaRITNYII CHIE MANUFACTURING COMPA
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