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Lasley Cash, Ltd. operates a chain of exclusive ski hat boutiques in the western United States. The stores purchase several hat styles from a
Lasley 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 $12 each. All other costs incurred by the company are fixed. Lasley Cash, Ltd. sells the hats for $25 each (a) Your answer is correct. If fixed costs total $130,000 per year, what is the breakeven point in units? In sales dollars? (b) The breakeven point The breakeven sales eTextbook and Media 10000 hats 250000 Your answer is incorrect. What is Lasley Cash's contribution margin ratio? Its variable cost ratio? Contribution margin ratio % Variable cost ratio % Attempts: 1 of 3 used
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