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Oriole Cash, Ltd. operates a chain of exclusive ski hat boutiques in the western United States. The stores purchase several hat styles from a single
Oriole Cash, Ltd. operates a chain of exclusive ski hat boutiques in the western United States. The stores purchase several hat styles from a single distributor at $20 each. All other costs incurred by the company are fixed. Oriole Cash, Ltd. sells the hats for $50 each. (a) If fixed costs total $225,000 per year, what is the breakeven point in units? In sales dollars? The breakeven point hats $ The breakeven sales e Textbook and Media Save for Later Attempts: 0 of 3 used Submit Answer (b) What is Oriole Cash's contribution margin ratio? Its variable cost ratio? % Contribution margin ratio % Variable cost ratio
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