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In March, James Electronics had sales of $2,690,000 (26,900 units), total variable expenses of $1,345,000, and total fixed expenses of $895,000. Required: 1. What is
In March, James Electronics had sales of $2,690,000 (26,900 units), total variable expenses of $1,345,000, and total fixed expenses of $895,000. Required: 1. What is the company's CM ratio? OM roto % es 2. Using the CM ratio, calculate the break-even level of sales in dollars. Break-even level of sales in dolor 3. What is the break-even level of sales in units? Break-even level of sales in units units 4. Estimate the change in the company's operating income if it increased its total sales by $695,000. Estimated change in operating income
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