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Tab 4 of 5: Complete the following 3 Wk 3 Financial Exercises: Table 1: Set 2, Part 2 Questions in A11 through B15 using the
Tab 4 of 5: Complete the following 3 Wk 3 Financial Exercises: Table 1: Set 2, Part 2 Questions in A11 through B15 using the ratios in A2 through A5. Sales level at which operating income is zero: If sales above breakeven, then profit; if sales below break even, then loss; fixed expenses = total contribution margin. Total sales = total expenses Break Even Point: Unit Sold = Fixed expenses + Operating Income / Contribution Margin per unit Break Even Point: Sales $ = Fixed expenses + Operating Income / Contribution Margin Ratio Table 1: Set 2, Part 2 Questions Problem Answer 1. Calculate the break even number of units if the fixed expenses are $7,000 and
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