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Pharoah Cash, Ltd. operates a chain of exclusive ski hat boutiques in the western United States. The stores purchase several hat styles from a single
Pharoah 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. Pharoah Cash, Ltd. sells the hats for $80 each. (a) If fixed costs total $240,000 per year, what is the breakeven point in units? In sales dollars? The breakeven point hats The breakeven sales eTextbook and Media Attempts: 0 of 3 used (b). What is Pharoah Cash's contribution margin ratio? Its variable cost ratio? Contribution margin ratio % Variable cost ratio % eTextbook and Media
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