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Moj Corporation (MC) sell cell phone cases. MC estimates the following: Price 45.00 Fixed Costs 280,000 Variable costs 27.00 Tax rate 10% a. What is
| Moj Corporation (MC) sell cell phone cases. MC estimates the following: | |||||
| Price | 45.00 | ||||
| Fixed Costs | 280,000 | ||||
| Variable costs | 27.00 | ||||
| Tax rate | 10% | ||||
| a. | What is MC's contribution margin per case? (1 mark) | ||||
| b. What is MC's contribution margin ratio? (1 mark) | |||||
| c. Compute MC's break-even point in cases sold (1 mark) | |||||
| d. Compute MC's break-even point in sales dollars (1 mark) | |||||
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Core Concepts Of Accounting
Authors: Leslie K. Breitner, Robert N. Anthony
10th Edition
0136029442, 9780136029441
