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Please only solve by using TI BA II texas instrument calculator no formulas. The following information is available from the accounting records of Eva Corporation:
Please only solve by using TI BA II texas instrument calculator no formulas.
The following information is available from the accounting records of Eva Corporation: Fixed costs per period are $4,800. Sales volume for the last period was $19,360, and variable costs were $13,552. Capacity per period is a sales volume of $32,000. a. b. Compute i. the contribution margin; (2 marks) the contribution rate. (2 marks) Compute the break-even point i. in sales dollars; (2 marks) as a percent of capacity. (2 marks) For each of the following independent situations, determine the break-even point: i. fixed costs are decreased by $600; (2 marks) ii. fixed costs are increased to $5,670 and variable costs are changed to 55% of sales. (2 marks) cStep by Step Solution
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