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The following information is available from the accounting records of Eva Corporation: Fixed costs per period are $4,800. Sales volume for the last period was
- The following information is available from the accounting records of Eva Corporation: Fixed costs per period are $4,800. Sales volume for the last period was $19,360, and variable costs were $13,552. Capacity per period is a sales volume of $32,000.
- Compute
- the contribution margin
- the contribution rate.
- Compute the break-even point
- in sales dollars
- as a percent of capacity.
- For each of the following independent situations, determine the break-even point:
- fixed costs are decreased by $600
- fixed costs are increased to $5,670 and variable costs are changed to 55% of sales.
- Compute
You MUST use the TI BA II calculator features (N, I/Y, PV, PMT, FV, AMORT) to solve questions
Please answer as soon as possible
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