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Mauro Products distributes a single product, a woven basket whose selling price is $17 per unit and whose variable expense is $13 per unit. The
Mauro Products distributes a single product, a woven basket whose selling price is $17 per unit and whose variable expense is $13 per unit. The company's monthly fixed expense is $4,000. Required: 1. Calculate the company's break-even point in unit sales. 2. Calculate the company's break-even point in dollar sales. (Do not round intermediate calculations.) 3. If the company's fixed expenses increase by $600, what would become the new break-even point in unit sales? In dollar sales? (Do not round intermediate calculations.) 1. Break-even point in unit sales 2. Break-even point in dollar sales 3. Break-even point in unit sales baskets baskets Break-even point in dollar sales Kelchner Corporation has provided the following contribution format income statement. Assume that the following information is within the relevant range. Sales (3,000 units) Variable expenses Contribution margin Fixed expenses Net operating income $180,000 108,000 72,000 62,400 $ 9,60 The contribution margin ratio is closest to: Multiple Choice 067% 060% 033% 040%
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