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Use the CM ratio to determine the break-even point in sales dollars and calculate the...

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Accounting

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Use the CM ratio to determine the break-even point in sales dollars and calculate the BEP in units using the above mentioned information.

Background and Content: e As you have studied Cost-Volume-Profit Analysis in BB104, your immediate senior boss has given you the following scenario to submit a report including all necessary calculations and your opinions. e Straford Company sells its Jeans Pant for $15 per unit. Variable costs are $6 per unit, and fixed costs total $180,000

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