Business, 09.04.2020 20:56 keishlav5183

Joe's Tax Service prepares tax returns for low-to middle-income taxpayers. Its service operates January 2 through April 15 at a counter in a local grocery store. All jobs are classified into one of three categories: standard, multiform, and complex. Following is information for last year. Also, last year, the fixed cost of rent, utilities, and so forth were $55,000. Standard Multiform ComplexBilling rate $135 $260Average variable costs (30) (75) (150)Average contribution margin $30 $60 $110Number of returns prepared 1,750 500 250Required(a.) Determine Joe's break-even dollar sales volume.-Round contribution margin to three decimal places.-Round break-even sales volume to the nearest dollarProduct Weighted Selling Price Weighted Contribution MarginStandard Multiform Complex Total Contribution margin ratio:Break-even sales volume:(b.) Determine Joe's margin of safety in sales dollars. Round answer to the nearest whole number

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Joe's Tax Service prepares tax returns for low-to middle-income taxpayers. Its service operates Janu...

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