Question
Mauro Products distributes a single product, a woven basket whose selling price is $20 and whose variable expense is $16.2 per unit. The companys monthly
| Mauro Products distributes a single product, a woven basket whose selling price is $20 and whose variable expense is $16.2 per unit. The companys monthly fixed expense is $9,880. |
| Required: | |
| 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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