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Ruiz Company produces and sells a product that has variable costs of $51 and a selling price of $90. Its current sales total $263,000 per
Ruiz Company produces and sells a product that has variable costs of $51 and a selling price of $90. Its current sales total $263,000 per month. Fixed manufacturing costs total $42,900 per month and fixed selling and administrative costs total $32,300 per month. Required: a. Compute the company's current break-even point in units. b. Compute the company's current income and margin of safety in dollars
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