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Last month the Henke Company had sales of $220.000, a C/M ratio of 40%, and an M/S ratio 30%. During the current month, a
Last month the Henke Company had sales of $220.000, a C/M ratio of 40%, and an M/S ratio 30%. During the current month, a decrease in sales price and a decrease in fixed costs have Sulted in a C/M ratio of 36% and an M/S ratio of 24%. quired: (1) The amount sales decreased. (2) New break-even point. (3) Profit during the current month. (4) Decrease in fixed costs. antin Company's products
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