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Sport Ready produces sport sucks. The company has fixed expenses of 100,000 and variable expenses of 1.00 per package. Each package sells for 2.00 The
Sport Ready produces sport sucks. The company has fixed expenses of 100,000 and variable expenses of 1.00 per package. Each package sells for 2.00
The contribution margin ratio is Requirement 2. Find the breakeven point in units and dollars. Begin by identifying the formula to compute the breakeven sales in units using the contrbution margin approach : Breakeven sales in units The breakeven point in units is Find the breakeven point in dollars using the contribution margin approach Begin by identifying the formula to compute the breakeven point in dollars : Breakeven sales in dollars The breakeven point in dollars is $ Requirement 3. Find the number of packages Sport Ready needs to sell to eam a $23,000 operating income. The number of packages to achieve an operating income of $23,000 is Choose from any list or enter any number in the input fields and then continue to the next question. 1 Requirements 1. Compute the contribution margin per package and the contr ratio 2. Find the breakeven point in units and in dollars. 3. Find the number of packages Sport Ready needs to sell to earn a $23,000 operating income. Print DoneStep by Step Solution
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