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! Required information [ The following information applies to the questions displayed below ] Praveen Company manufactures and markets a number of rope products. Management

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Required information
[The following information applies to the questions displayed below]
Praveen Company manufactures and markets a number of rope products. Management is considering the future of Product XT, a special rope for hang gliding that has not been as profitable as planned. Because Product XT is manufactured and marketed independently of the other products, its total costs can be precisely measured. Next year's plans call for a $260 selling price per unit. Its fixed costs for the year are expected to be $304,200. Varriable costs for the year are expected to be $182 per unit.
Estimate Product XT's break-even point in terms of sales units and sales clollars.
Note: Do not round intermediate calculations.
Contribution Margin ratio
\table[[Numerator:,1,Denominator:,,],[Contribution margin per unit,1,Sales per unit,=,Contribution margin ratio],[,,,]]
1(a) Estimate Product XT's break-even point in terms of sales units.
\table[[,Numerator:,1,Denominator:,,],[,Fixed costs,1,Contribution margin per unit,=,Break-even units],[,,,Y,,0],[1(b) Estimate Product XT's break-even point in terms of sales dollars.],[,Numerator:,1,Denominator:,4,],[,[,1,L,=,Break-oven dollars],[,,,,,0]]
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