Problem 11-28 Determining the break-even point and preparing a contribution margin income statement LO 11-5 Ritchie Manufacturing Company makes a product that it sells for $140 per unit. The company incurs variable manufacturing costs of $61 per unit. Variable selling expenses are $16 per unit, annual fixed manufacturing costs are $380,000, and fixed selling and administrative costs are $281,500 per year. Required Determine the break-even point in units and dollars using each of the following approaches: a. Use the equation method. b. Use the contribution margin per unit approach c. Prepare a contribution margin income statement for the break-even sales volume "erences Complete this question by entering your answers in the tabs below. Reg A to B Reqc Prepare a contribution margin income statement for the break even sales volume. RITCHIE MANUFACTURING COMPANY Contribution Margin Income Statement Determine the break-even point in units and dollars using each of the following approaches: a. Use the equation method. b. Use the contribution margin per unit approach c. Prepare a contribution margin income statement for the break-even sales volume. points (8 03:02:25 Complete this question by entering your answers in the tabs below. Book Reg A to B Req Prepare a contribution margin income statement for the break-even sales volume. References RITCHIE MANUFACTURING COMPANY Contribution Margin Income Statement ( Reg A to B Determine the break-even point in units and dollars using each of the following approaches: a. Use the equation method. b. Use the contribution margin per unit approach. c. Prepare a contribution margin income statement for the break-even sales volume. points 8 03:01:50 Complete this question by entering your answers in the tabs below. eBook Reg AB Reqc Print Determine the break-even point in units and dollars using the equation method, the contribution margin per unit approach and the contribution margin ratio approach. References a. Break-even point in units Break-even point in dollars Contribution margin per unit Break-even point in units Break-even point in dollars Regc >