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Question attached. Thanks in advance for the help. Pringle Company distributes a single product. The company's sales and expenses for a recent month follow: What
Question attached. Thanks in advance for the help.
Pringle Company distributes a single product. The company's sales and expenses for a recent month follow: What is the monthly break-even point in units sold and in sales dollars? (Omit the "$" sign in your response.) Break-even point in unit sales units Break-even point in sales dollars S Without resorting to computations, what is the total contribution margin at the break-even point? (Omit the "$" sign in your response.) Total contribution margin $ How many units would have to be sold each month to earn a target profit of $74,400? Use the formula method. Units sold Refer to the original data. Compute the company's margin of safety in both dollar and percentage terms. (Round your percentage answer to 2 decimal places. Omit the "$" and "%" signs in your response.) Margin of safety $ % What is the company's CM ratio? If monthly sales increase by $89,000 and there is no change in fixed expenses, by how much would you expect monthly net operating income to increase? (Omit the "$" and "%" signs in your response.) CM ratio % Net operating income increases by$
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