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In March, Mitchell Limited had sales of $448,800 (68,000 units), total variable expenses of $269,280, and total fixed expenses of $92,000. What is the companys
In March, Mitchell Limited had sales of $448,800 (68,000 units), total variable expenses of $269,280, and total fixed expenses of $92,000. What is the companys CM ratio? Calculate the break-even level of sales in dollars. Estimate the change in the companys operating income if it increased its total sales by $18,480. (Do not round intermediate calculations. Round your answers to 2 decimal places.)
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