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I need help on Requirement three please... Ullie Medical Supply is a retailer of home medical equipment. Last year, the's sales revenues totaled 50,000,000 Total
I need help on Requirement three please... Ullie Medical Supply is a retailer of home medical equipment. Last year, the's sales revenues totaled 50,000,000 Total expenses were $2,100,000 of this amount approximately $1,500,000 were variable, while the remainder were fred Since Ule's offers thousands of different products, is managers prefer to calculate the breakeven point in terms of sales dollars rather than units Read the requirements Requirement 1. What is the's current operating income? Begin by identifying the formula to compute the operating income Sales revenue - Variable expenses - Fixed expenses Operating income The operating income is $ 3.000.000 Requirement 2. What is he's contribution marginatio? Begin by identifying the formula to compute the contbution margin ratio Contribution margin Sales revenue Contribution marginato (Enter the ratio as a whole percent) The contribution margin ratio is 75% Requirement 3. What is the company's breakeven point in sales dollars? (Hint The contribution margin ratio calculated in Requirement 2 is already weighted by the company's actual sales max) Begin by identifying the formula to compute the breakeven point in sales dollars. Breakevents in dollars
I need help on Requirement three please...
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