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Mauro Products distributes a single product, a woven basket whose selling price is $20 and whose variable expense is $17 per unit. The company's monthly
Mauro Products distributes a single product, a woven basket whose selling price is $20 and whose variable expense is $17 per unit. The company's monthly fixed expense is $3,600. Required: 1. Solve for the company's break-even point in unit sales using the equation method. (Do not round your intermediate calculations.) Answer is complete and correct. Break-even point in unit 1,200 baskets sales 2. Solve for the company's break-even point in dollar sales using the equation method and the CM ratio. (Do not round intermediate calculations. Round "CM ratio percent" to nearest whole percent.) Answer is complete but not entirely correct. 30 % CM ratio Break-even point in dollar 12nnn 2. Solve for the company's break-even point in dollar sales using the equation method and the CM ratio. (Do not round intermediate calculations. Round "CM ratio percent" to nearest whole percent.) Answer is complete but not entirely correct. CM ratio Break-even point in dollar sales 30 % 12,000 $ 3. Solve for the company's break-even point in unit sales using the formula method. (DO not round your intermediate calculations.) Answer is complete and correct. Break-even point in unit sales 1,200 baskets 4. Solve for the company's break-even point in dollar sales using the formula method and the CM ratio. (Do not round intermediate calculations. Round "CM ratio percent" to nearest whole percent.) Answer is complete but not entirely correct. 30 % % CM ratio Break-even point in dollar sales $ 12,000
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