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Some of my answers are wrong 2 value: 50.00 points Feather Friends, Inc., distributes a high-quality wooden birdhouse that sells for $40 per unit. Variable
Some of my answers are wrong
2 value: 50.00 points Feather Friends, Inc., distributes a high-quality wooden birdhouse that sells for $40 per unit. Variable expenses are $20.00 per unit, and fixed expenses total $180,000 per year. Required: Answer the following independent questions What is the product's CM ratio? CM ratio 50:% 2. Use the CM ratio to determine the break-even point in dollar sales. Break-even point in sales dollars$ 360,000 3. Due to an increase in demand, the company estimates that sales will increase by $41,000 during the next year. By how much should net operating income increase (or net loss decrease) assuming that fixed expenses do not change? Net operating income increases $20,500Step by Step Solution
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