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Business, 14.12.2019 02:31 xxtonixwilsonxx
Ritchie manufacturing company makes a product that it sells for $150 per unit. the company incurs variable manufacturing costs of $60 per unit. variable selling expenses are $18 per unit, annual fixed manufacturing costs are $480,000, and fixed selling and administrative costs are $240,000 per year.
determine the break-even point in units and dollars using the equation method, the contribution margin per unit approach and the contribution margin ratio approach.
a. break-even point in units
break-even point in dollars
b. contribution margin per unit
break-even point in units
break-even point in dollars
prepare a contribution margin income statement for the break-even sales volume.
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Ritchie manufacturing company makes a product that it sells for $150 per unit. the company incurs va...
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