Question
YUX Corporation sells a single product for $50. Its management estimates the following revenues and costs for the year 2020: Net sales $525,000Selling expensesvariable $20,300Direct
YUX Corporation sells a single product for $50. Its management estimates the following revenues and costs for the year 2020:
Net sales
$525,000Selling expensesvariable
$20,300Direct materials
148,000Selling expensesfixed
18,600
Direct labour
65,900Administrative expensesvariable
10,000Manufacturing overheadvariable
18,300Administrative expensesfixed
10,800
Manufacturing overheadfixed
17,400
(a)
Assuming fixed costs and net sales are spread evenly throughout the year, determine YUX's monthly break-even point in units and dollars.(Round answers to 0 decimal places, e.g. 5,275.)
Monthly break-even in units
unitsMonthly break-even in dollars
B) Calculate the contribution margin ratio, the annual margin ratio, and the annual profit
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