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Pharoah Company makes radios that sell for $120 each. For the coming year, management expects fixed costs to total $108,800 and variable costs to be $100.00 per unit. * Your answer is incorrect. Calculate the break-even point in dollars using the contribution margin ratio. (Round answer to nearest dollar, e.g. 1,230.) Break-even point $ 544000

Pharoah Company makes radios that sell for $120 each. For the coming year, management expects fixed costs to total $108,800 and variable costs to be $100.00 per unit. * Your answer is incorrect. Calculate the break-even point in dollars using the contribution margin ratio. (Round answer to nearest dollar, e.g. 1,230.) Break-even point $ 544000

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Pharoah Company makes radios that sell for $120 each. For the coming year, management expects fixed costs to total $108,800 and variable costs to be $100.00 per unit. X Your answer is incorrect. Calculate the break-even point in dollars using the contribution margin ratio. (Round answer to nearest dollar, e.g. 1,230.) Break-even point $ eTextbook and Media 544000
Transcribed Image Text:Pharoah Company makes radios that sell for $120 each. For the coming year, management expects fixed costs to total $108,800 and variable costs to be $100.00 per unit. X Your answer is incorrect. Calculate the break-even point in dollars using the contribution margin ratio. (Round answer to nearest dollar, e.g. 1,230.) Break-even point $ eTextbook and Media 544000
* Your answer is incorrect. Calculate the margin of safety ratio assuming actual sales are $816,000. Margin of safety ratio eTextbook and Media * Your answer is incorrect. Required sales $ 33.33 Calculate the sales dollars required to earn operating income of $103,000. 1059000 %
Transcribed Image Text:* Your answer is incorrect. Calculate the margin of safety ratio assuming actual sales are $816,000. Margin of safety ratio eTextbook and Media * Your answer is incorrect. Required sales $ 33.33 Calculate the sales dollars required to earn operating income of $103,000. 1059000 %
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