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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 $490,000, and fixed selling and administrative costs are $258,800 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. Use the contribution margin ratio approach d. 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 C Reg D 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 Prak-gyon point in units LILE JULIWY I your QHDVIDELIS LUS VEUW. Reg A to C Reg D 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 b. Contribution margin per unit Break-even point in units Break-even point in dollars C. Contribution margin ratio Break-even point in units Break-even point in dollars % Raq A to Reg D > compiere HD YUSSUU y Semy your anDWESHIMIE AUS VEUW. Req A to C Req D Prepare a contribution margin income statement for the break-even sales volume. RITCHIE MANUFACTURING COMPANY Contribution Margin Income Statement Net income (loss)

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