Stuart Company reported the following data regarding the product it sells: Sales price Contribution margin...
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Stuart Company reported the following data regarding the product it sells: Sales price Contribution margin ratio Fixed costs $ a. Break-even point in dollars Break-even point in units 45 20% Required Use the contribution margin ratio approach and consider each requirement separately. b. Sales in dollars Sales in units c. Break-even point in dollars Break-even point in units $360,000 a. What is the break-even point in dollars? In units? b. To obtain a profit of $36,000, what must the sales be in dollars? In units? c. If the sales price increases to $48 and variable costs do not change, what is the new break-even point in dollars? In units?
Stuart Company reported the following dato regarding the product it sells: Required Use the contribution margin ratio approach and consider each requirement separately. a. What is the break-even point in dollars? In units? b. To obtain a profit of $36,000, what must the sales be in dollars? In units? c. If the sales price increases to $48 and variable costs do not change, what is the new break-even point in dollars? in units
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