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Please bold the answers, so that I know where what goes. Thanks ! Multiple Product Break-Even Analysis Joe's Tax Service prepares tax returns for low-to
Please bold the answers, so that I know where what goes. Thanks !
Multiple Product Break-Even Analysis Joe's Tax Service prepares tax returns for low-to middle-income taxpayers. Its service operates January 2 through April 15 at a counter in a local grocery store. All jobs are classified into one of three categories: standard, multiform, and complex. Following is information for last year. Also, last year, the fixed cost of rent, utilities, and so forth were $65,000. Billing rate Average variable costs Average contribution margin Number of returns prepared Standard Multiform Complex $265 (75) 150) $115 $65 (30) $35 $140 $65 1,750 500 250 Required (a.) Determine Joe's break-even dollar sales volume. * Round contribution margin to three decimal places. Round break-even sales volume to the nearest dollar Weighted Weighted Contribution Selling Price Product Margin Standard Complex Total Contribution margin ratio: Break-even sales volume: (b.) Determine Joe's margin of safety in sales dollars. Round answer to the nearest whole number
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