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PLEASE DO PART (B) Exercise 18-17 (Part Level Submission) Felde Bucket Co., a manufacturer of rain barrels, had the following data for 2016 Sales Sales
PLEASE DO PART (B)
Exercise 18-17 (Part Level Submission) Felde Bucket Co., a manufacturer of rain barrels, had the following data for 2016 Sales Sales price 2,420 units $35.99 Per unit Variable $12.60unit per costs Fixed costs $18,100 Your answer is correct. What is the contribution margin ratio? (Round answer to 0 decimal places, e.g. 5,275.) Contribution margin ratio 65% What is the break-even point in dollars? (Round intermediate calculation and final answers to 0 decimal places, e.g. 5,275.) Break-even point sStep by Step Solution
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