Question
Mauro Products distributes a single product, a woven basket whose selling price is $23 and whose variable expense is $20.01 per unit. The companys monthly
Mauro Products distributes a single product, a woven basket whose selling price is $23 and whose variable expense is $20.01 per unit. The companys monthly fixed expense is $5,681
1. Solve for the companys break-even point in unit sales using the equation method. (Do not round your intermediate calculations.)
2. | Solve for the companys 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.) |
3. Solve for the companys break-even point in unit sales using the formula method. (Do not round your intermediate calculations.) 4. Solve for the companys 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.)
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