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Ritchie Manufacturing Company makes a product that it sells for $160 per unit. The company incurs variable manufacturing costs of $73 per unit Variable selling

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Ritchie Manufacturing Company makes a product that it sells for $160 per unit. The company incurs variable manufacturing costs of $73 per unit Variable selling expenses are $15 per unit, annual fixed manufacturing costs are $456,000, and fixed selling and administrative costs are $278.400 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. Complete this question by entering your answers in the tabs below. Req A to B Regc Prepare a contribution margin income statement for the break-even sales volume. RITCHIE MANUFACTURING COMPANY Contribution Margin Income Statement Sales IS 1,6320001 Variable costs Contribution margin $ 734,400 Fixed costs Net Income s Ritchie Manufacturing Company makes a product that it sells for $160 per unit. The company incurs variable manufacturing costs of $73 per unit. Variable selling expenses are $15 per unit, annual fixed manufacturing costs are $456,000, and fixed selling and administrative costs are $278,400 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, Complete this question by entering your answers in the tabs below. Reg A to B 1 Reqc 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. 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 10.200 1.632,000 10.200 10.200 $ 1.632.000 Reg Atos Regc >

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