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Lindon Company is the exclusive distributor for an automotive product that sells for$21.00 per unit and has a CM ratio of 30%. The company's fixed
Lindon Company is the exclusive distributor for an automotive product that sells for$21.00 per unit and has a CM ratio of 30%. The company's fixed expenses are $111,510 per year. The company plans to sell 12,400 units this year. Required: 1. What are the variable expenses per unit? (Round your answer to 2 decimal places.) per unit Variable expenses 2. Use the equation method: a. What is the break-even point in unit sales and in dollar sales? Break-even point in unit sales Break-even point in dollar sales
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