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Sport Caps manufactures and sells cap. Fixed costs are $150,000 per month, and variable costs are $5 per cap. The caps are sold for $8
Sport Caps manufactures and sells cap. Fixed costs are $150,000 per month, and variable costs are $5 per cap. The caps are sold for $8 each. Production capacity is 100,000 caps per month.
Compute the following
1. contribution margin ratio
2. break-even point
3. Income at 250,00 sales
4. Dollars of sales to achieve $60000 of income.
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