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Question 1 5 pts Pippa's Pilot Headware, Inc. produces pilot headware. Sales have been very erratic, with some months showing a profit and some moths
Question 1 5 pts Pippa's Pilot Headware, Inc. produces pilot headware. Sales have been very erratic, with some months showing a profit and some moths showing a loss. The company's contribution format income statement for the most recent month is given below: Sales (15,000 units at $85 per unit) Variable expenses Contribution Margin Fixed expenses Net operating Income 1,275,000 840,000 435,000 270,000 165,000 Required: Compute the company's (1) contribution margin ratio and its break-even point in both (2) sales units and (3) sales dollars. (Round to 2 decimal places) Note: 3 answers needed. HTML Editor U A IN E = = = = x x = = V* CVD TT 12pt Paragraph
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