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Under Contribution margin there are 2 more sqaures. The options are layed out. Thanks! Ritchie Manufacturing Company makes a product that it sells for $190

Under Contribution margin there are 2 more sqaures. The options are layed out. Thanks!

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Ritchie Manufacturing Company makes a product that it sells for $190 per unit. The company incurs variable manufacturing costs of $96 per unit. Variable selling expenses are $18 per unit, annual fixed manufacturing costs are $462,000, and fixed selling and administrative costs are $260,000 per year. Required Determine the break-even point in units and dollars using each of the following approaches: a. Use the equation method. b. Use the contribution margin per unit approach. c. Prepare a contribution margin income statement for the break-even sales volume. Complete this question by entering your answers in the tabs below. Req A to B Reqc Prepare a contribution margin income statement for the break-even sales volume. RITCHIE MANUFACTURING COMPANY Contribution Margin Income Statement Sales $ 1,805,000 Fixed costs Contribution margin Variable costs Cost of goods sold Fixed costs Sales Selling expenses Variable costs

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