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Ivanhoe Cash, Ltd. operates a chain of exclusive ski hat boutiques in the western United States. The stores purchase several hat styles from a single

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Ivanhoe Cash, Ltd. operates a chain of exclusive ski hat boutiques in the western United States. The stores purchase several hat styles from a single distributor at $18 each. All other costs incurred by the company are fixed. Ivanhoe Cash, Ltd. sells the hats for $50 each. (a) If fixed costs total $320,000 per year, what is the breakeven point in units? In sales dollars? The breakeven point hats The breakeven sales $ What is Ivanhoe Cash's contribution margin ratio? Its variable cost ratio? Contribution margin ratio % Variable cost ratio %

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