Question
Maxson Products distributes a single product, a woven basket whose selling price is $22 and whose variable cost is $19.14 per unit. The companys monthly
Maxson Products distributes a single product, a woven basket whose selling price is $22 and whose variable cost is $19.14 per unit. The companys monthly fixed expense is $6,578 1. Compute for the companys break-even point in unit sales using the equation method. 2. Compute for the companys break-even point in sales dollars using the equation method and the CM ratio. Do not round intermediate calculations. Round your CM ratio to 2 decimal places. 3. Compute for the companys break-even point in unit sales using the formula method. 4. Compute for the companys break-even point in sales dollars using formula method and the CM ratio.Do not round intermediate calculations. Round your CM ratio to 2 decimal places.
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