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Please, do not leave anything unanswered; please only answer if you are sure about the answers. Thank you! Exercise 5-18 Break-Even and Target Profit Analysis;
Please, do not leave anything unanswered; please only answer if you are sure about the answers. Thank you!
Exercise 5-18 Break-Even and Target Profit Analysis; Margin of Safety; CM Ratio Lo5-1, LO5-3, LO5-5, LO5-6, LO5-71 Menlo Company distributes a single product. The company's sales and expenses for last month follow: Total Per Unit 30 Sales $450,000 180,000 12 Variable expenses 270,000 18 Contribution margin Fixed expenses 216,000 54,000 Net operating income Required 1. What is the monthly break-even poin sales and in dollar sales? n un 12,000 units Break-even point in unit sales Break-even point in sales dollars 360 2. Without resorting to computations, what is the total contribution margin at the break-even point? Total contribution margin 216,000Step by Step Solution
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