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Perez Company reported the following data regarding the product it sells: Sales price Contribution margin ratio Fixed costs $ 56 258 $350,000 Required Use the
Perez Company reported the following data regarding the product it sells: Sales price Contribution margin ratio Fixed costs $ 56 258 $350,000 Required Use the contribution margin ratio approach and consider each requirement separately. a. What is the break-even point in dollars? In units? b. To obtain a profit of $42,000, what must the sales be in dollars? In units? c. If the sales price increases to $70 and variable costs do not change, what is the new break-even point in dollars? In units? a. Break-even point in dollars Break-even point in units b. Sales in dollars Sales in units c. Break-even point in dollars Break-even point in units
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