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Mauro Products distributes a single product, a woven basket whose selling price is $20 and whose variable expense is $14.4 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 $14.4 per unit. The company's monthly fixed expense is $9,520. Required: 1. Solve for the company's break-even point in unit sales using the equation method. (Do not round your intermediate calculations.) Break-even point in unit sales 1,700 baskets 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.) CM ratio Break-even point in dollar sales
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