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Maxson Products distributes a single product, a woven basket whose selling price is $8 and whose variable cost is $6 per unit. The companys monthly
Maxson Products distributes a single product, a woven basket whose selling price is $8 and whose variable cost is $6 per unit. The companys monthly fixed expense is $5,500. Required: 1. Compute for the companys break-even point in unit sales using the equation method. Break-even point in unit sales baskets 2. Compute for the companys break-even point in sales dollars using the equation method and the CM ratio. (Do not round intermediate calculations. Round your CM ratio to 2 decimal places.Omit the "$" sign in your response.) CM ratio Break-even point in dollar sales $ 3. Compute for the companys break-even point in unit sales using the formula method. Break-even point in unit sales baskets 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. Omit the "$" sign in your response.) CM ratio Break-even point in dollar sales $
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