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Klein Company distributes a high-quality bird feeder that sells for $20 per unit. Variable costs are $6 per unit, and fixed costs total $196,000
Klein Company distributes a high-quality bird feeder that sells for $20 per unit. Variable costs are $6 per unit, and fixed costs total $196,000 annually. Required: Answer the following independent questions: 1. What is the product's CM ratio? CM ratio 70 % 2. Use the CM ratio to determine the break-even point in sales dollars. Break-even point in sales dollars $ 280,000 4
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