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Klein Company distributes a high-quality bird feeder that sells for $20 per unit. Variable costs are $8 per unit, and fixed costs total $186,000 annually.

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Klein Company distributes a high-quality bird feeder that sells for $20 per unit. Variable costs are $8 per unit, and fixed costs total $186,000 annually. Required: Answer the following independent questions: 1. What is the product's CM ratio? 3% 2. Use the CM ratio to determine the break-even point in sales dollars

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