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Z The company has developed another type of gloves that provide better protection in extreme cold, Toasty, which the company plans to sell for $23.00-
Z The company has developed another type of gloves that provide better protection in extreme cold, Toasty, which the company plans to sell for $23.00- per pair. At this price, the company expects to sell 400 pairs per month of the product. The variable expense would be $18.40 per pair. The company's xed expenses would not change. a. Prepare another contribution format income statement, including sales of Toasty [sales of the other two products would not change]. [Round percentage answers to 2 decimal places.) b. Compute the company's new brea k-even point in sales dollars for the company as a whole and the new margin of safety in both dollars and percentage of sales. {Round your break-even sales to the nearest whole dollar amount and percentage answer to 2 decimal places.} Break-even sales dollars Margin of safety in dollars Margin of safety in percentage
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