Assignment # 3 (From Cost Volume Profit Analysis Mauro Products has a single product, a woven basket whose selling price is $ 15 and whose variable cost is $12 per unit. The company's monthly fixed expenses are $4,200. Required: 1. Solve for the company's break-even point in unit sales using the equation method. 2. Solve for the company's break-even point in sales dollars using the equation method and the CM ratio. 3. Solve for the company's break-even point in unit sales using the contribution margin method. 4. Solve for the company's break-even point in sales dollars using the contribution  margin method and the CM ratio.

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
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Chapter3: Cost-volume-profit Analysis
Section: Chapter Questions
Problem 4PB: West Island distributes a single product. The companys sales and expenses for the month of June are...
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Assignment # 3 (From Cost Volume Profit Analysis

Mauro Products has a single product, a woven basket whose selling price is $ 15 and whose variable cost is $12 per unit. The company's monthly fixed expenses are $4,200.

Required:

1.  Solve for the company's break-even point in unit sales using the equation method.

2.  Solve for the company's break-even point in sales dollars using the equation method and the    

     CM ratio.

3.  Solve for the company's break-even point in unit sales using the contribution margin method.

4.  Solve for the company's break-even point in sales dollars using the contribution 

      margin method and the CM ratio.

 

 

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