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ook rint Ritchie Manufacturing Company makes a product that it sells for $190 per unit. The company incurs variable manufacturing costs of $96 per
ook rint Ritchie Manufacturing Company makes a product that it sells for $190 per unit. The company incurs variable manufacturing costs of $96 per unit. Variable selling expenses are $18 per unit, annual fixed manufacturing costs are $462,000, and fixed selling and administrative costs are $260,000 per year. Required Determine the break-even point in units and dollars using each of the following approaches: a. Use the equation method. b. Use the contribution margin per unit approach c. Use the contribution margin ratio approach, d. Prepare a contribution margin income statement for the break-even sales volume. rences Complete this question by entering your answers in the tabs below. Req A to C Req D Determine the break-even point in units and dollars using the equation method, the contribution margin per unit approach and the contribution margin ratio approach. a Break-even point in units Break-even point in dollars b Contribution margin per unit Break-even point in units Break-even point in dollars c Contribution margin ratio Break-even point in units Break-even point in dollars i Req D >
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